BTCUSDT ready to break resistance and 55K or correction ahead ?

By MMBTtrader
Updated
Price is currently receiving last sell pressure of 50K resistance zone and if it manages to break our resistance zones can easily continue pumping and reaching new highs too.

So now we are waiting for a breakout to the upside here or seeing some correction that is needed too.

Supports ahead:
A. 49300
B. 46300

Resistance ahead:
A. 53300
B. 55000

DISCLAIMER: ((trade based on your own decision ))
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Trade active
Price is receiving sell presure of resistance zone as mentioned
Comment
Daily view and Elliott waves that formed and seems that it is now completed:

BTCUSD time to see a correction after that huge pump
Trade closed: target reached
Target A reached 49K touched
Trade closed: target reached
All short-term targets reached.

price even fall to 42K support zone (local support zone of daily charts)
breakoutfallingFibonaccipumpSupport and ResistanceTrend Lines
MMBTtrader
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