As we said before price is near major daily resistance zones like 49000$ resistance zone and it seems that this resistance is also broke but with high possibility that is fake breakout and soon price will dump hard and we are looking for targets like 40K$ and 33K$ here.
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sell is open from 51900$ with stol loss and now we can expect dump from there.
market is ready for falling soon price is now 51500$.
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in lower time frames price is in range zone and 51300$ is range zone support and soon i expect breakout there and huge dump after that:
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New update is out :
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Range zone is still valid:
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52800$ to 53000$ is now a major resistance zone and with a high possibility we had daily high here and soon the real dump will start.(price now: 52000$ wait for dump)
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in lower timeframes, the support of range zone is breaking price now 51000$ wait for heavy dump and high volume after that.
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