BTCUSDT in new Daily Ascending channel

As we can see price is falling from 48200$ resistance (channel resistance + 200Ma resistance was there) and now we can expect a range market here until the price breaks major support(channel support zone: 37500$ ) then heavy dump is ahead or breaks major resistance (channel resistance: 49000$) and only then more pump is expected.

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