BTCUSDT ! Resistance retest. Falsebreakou. Keep on falling 🙀

BTCUSDT continues to fall. A strong downtrend has formed on the global timeframe. The chart has formed a range between 21800 and 17665, the price is trading in this consolidation without any deep pullbacks and hints of a break in the trend.

At the moment, the price is trading in the resistance zone, updating local peaks.

I assume that a false breakdown of the upper limit of the local range is possible, if the price returns under the level of 21800 and consolidates in the short zone, the price will continue to fall. Short-term target is support at 19830, mid-term target is support at 17665 range.

Sincerely, R. Linda!