BTCUSDT Major support zone is ahead (40K$--39K$ support zone)

As we can see major support ahead now is 40000$----39000$ due to two main reasons:
A. Fiboancci's support level is there.
B. Red trendline broke and now is local support so we can expect a retest of a breakout there.

Only if this support remains valid we can expect more pump for the price to the targets and resistances that are mentioned on the chart else again we have a range market or bears will leas once again.


<<press like👍 if you enjoy + comment your opinion about the market or your thoughts, below this analysis >>