Bitcoin
Short

BTCUSD broke support of range zone after breaking MA Huge fall ?

Updated
Short-term analysis:

As we can see and we talked about it on previous analysis BTCUSD is near strong resistance zone on daily time frames and ...

for now this analysis is active when we see breakout on 200Ma (purple line).and after breakout we would expect huge fall to our targets .

Notice: if and if price mange to break 59K then it will rise ,cause it break last resistance zone available too .

DISCLAIMER:.
1.trade carefully and have stop loss for sure
2.Past performance is not indicative of future results.


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Note
Red Rectangle on chart is strong resistance zone and pervious analysis fall start from this area :
BTCUSD(Sort-term) Cup and Handle formed huge fall after breakout
Moving AveragesSupport and ResistanceWave Analysis

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