BTCUSDT daily channel formed and price is touching resistance

Oct 20, 2021

As we can see the price now is in the daily ascending channel and now is receiving channel resistance and ATH resistance both at the same time and we can expect correction and a little rest here, after that expected pump from 40k support:

Notice: possible targets for new ATH if any breakout here happened also mentioned on the chart with price label and fib levels.

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Oct 20, 2021

Trade active

47000 touched and new ATH


also consider this that it is not yet breakout we need a 5% rise here or at least daily should close above channel resistance else we are still looking for a correction