#BTCUSDT
$BTC had a huge drop yesterday to $48500 that is the same as support of parallel channel.
technically #BTC price may go up to touch $53500 that is the same as half of the drop candle and SMA100 and also middle line of parallel channel.
Scenario 1 : $BTC will drop more to half of shadow of this candle then confirm the support as resistance and drop more to $41k and $40k that SMA200 is there.
Scenario 2 : #BTC can make double bottom here and break the middle line of parallel channel, then by making a shark pattern reach to $65k.
$BTC had a huge drop yesterday to $48500 that is the same as support of parallel channel.
technically #BTC price may go up to touch $53500 that is the same as half of the drop candle and SMA100 and also middle line of parallel channel.
Scenario 1 : $BTC will drop more to half of shadow of this candle then confirm the support as resistance and drop more to $41k and $40k that SMA200 is there.
Scenario 2 : #BTC can make double bottom here and break the middle line of parallel channel, then by making a shark pattern reach to $65k.