Bitcoin / TetherUSUpdated BTCUSDT in New Range
BTCUSDT is currently in a new range. There was a breakout of this range but was not materialized and quickly fell back in the range. Currently the price is consolidating in this range. The price will try to touch the top of the range first before coming down or tries to break out again.
Note
So the price touched the top of the range and got rejected from there. After that the price headed towards the low of the range. However, the price did not quite touch the range low but came quite close to it and bounced from there. But it seems that it is headed towards the low of the range one more time.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.