BTCUSDT Bullish and Bearish case with support/resistance levels.
Price Action ( Support / Resistance )
1.Still holding Purple Trendline Once we lose this level that would be clear Breakdown
2. If lose Purple trendline next support is 44k after that 41.3k
3. If lose 41.3k Next play would be 37.1k and 35.4k Drawed it with red line
That is area from which we should get big bounce
if we didn't get it most likely we are going to 19k.
4. Bullish case if break 49.5k we are going around 51.7k and from there we can expect crucial pullback
Drawed this play with green line
1.Still holding Purple Trendline Once we lose this level that would be clear Breakdown
2. If lose Purple trendline next support is 44k after that 41.3k
3. If lose 41.3k Next play would be 37.1k and 35.4k Drawed it with red line
That is area from which we should get big bounce
if we didn't get it most likely we are going to 19k.
4. Bullish case if break 49.5k we are going around 51.7k and from there we can expect crucial pullback
Drawed this play with green line