BTC is still in the channel, the latest pressure will be the upper line of the channel, which is around 51000-52000. When it breaks out the channel, the pressure will be the support. But now 4h ROC shows there is a chance that BTC begins to go down to seek for support, also, 4 hours divergence shows a high risk. there could be a double divergence if there is no much change of the price in next few 4h.
First resistance: 52000 (upper line of the channel)
First support: 462xx (lower line of the channel + 0.236Fib)
Second support: 43xxx
Third support: 40xxx(1D Vegas Tunnel)
The smart operation would be reducing the leverage, and wait for the response of the market.
First resistance: 52000 (upper line of the channel)
First support: 462xx (lower line of the channel + 0.236Fib)
Second support: 43xxx
Third support: 40xxx(1D Vegas Tunnel)
The smart operation would be reducing the leverage, and wait for the response of the market.