BTCUSDT as of January 16, 2022
Time Frame: 4H
1. Price nearly touching the $43.3K Resistance Area.
2. We have observed 2 higher lows based from the lowest price of $39.6K. Interprets a bull trend.
3. Once the price breaks out the $43.3K and $44.3K resistance areas, expect that price may go up to
46K resistance area and consolidate due to the huge selling pressure last Dec 30 to Jan 5.
Time Frame: 4H
1. Price nearly touching the $43.3K Resistance Area.
2. We have observed 2 higher lows based from the lowest price of $39.6K. Interprets a bull trend.
3. Once the price breaks out the $43.3K and $44.3K resistance areas, expect that price may go up to
46K resistance area and consolidate due to the huge selling pressure last Dec 30 to Jan 5.
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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.