BTCUSDT Technical analysis update
-March 2024 resistance is now expected to act as a strong support level.
-The price has touched the 0.618 Fibonacci retracement level, suggesting a potential reversal from this zone.
-The 200 EMA on the 2-day chart is positioned as a strong dynamic support, reinforcing the bullish case.
We can expect a bounce from the $72-75k level.
-March 2024 resistance is now expected to act as a strong support level.
-The price has touched the 0.618 Fibonacci retracement level, suggesting a potential reversal from this zone.
-The 200 EMA on the 2-day chart is positioned as a strong dynamic support, reinforcing the bullish case.
We can expect a bounce from the $72-75k level.
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🌐Website: hexatrades.io/
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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.
🚀Telegram : t.me/hexatrades
🌐Website: hexatrades.io/
🗣️Twitter(X): twitter.com/HexaTrades
🌐Website: hexatrades.io/
🗣️Twitter(X): twitter.com/HexaTrades
Related publications
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.