WILL BTC BE ADLE TO BREAK THE 45K LEVEL?
Updated
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I have tried my best to bring the best possible outcome in this chart, Do not consider it as financial advice.
#BTC/USDT ANALYSIS
In daily time frame, BTC is facing this upper resistance of the Symmetrical triangle and currently, it is trying to break below the resistance and MA 200. MACD crossover is showing bullish momentum. We've to wait for a sustained breakout resistance to further confirm its bullish move.
If we got rejected then we may retest the 35k level.
This chart is likely to help you in making better trade decisions, if it did do consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
Do consider following me for the latest updates and Long /Short calls on almost every exchange.
I post short mid and long term trade setups too.
Let’s get to the chart!
I have tried my best to bring the best possible outcome in this chart, Do not consider it as financial advice.
#BTC/USDT ANALYSIS
In daily time frame, BTC is facing this upper resistance of the Symmetrical triangle and currently, it is trying to break below the resistance and MA 200. MACD crossover is showing bullish momentum. We've to wait for a sustained breakout resistance to further confirm its bullish move.
If we got rejected then we may retest the 35k level.
This chart is likely to help you in making better trade decisions, if it did do consider upvoting this chart.
Would also love to know your charts and views in the comment section.
Thank you
Note
BTC is looking bullish but we need a break and close above the upper resistance of this symmetrical triangle in the daily time frame.Note
#BTC (update)In Shorter TF, Bitcoin is making this rising wedge pattern but currently, it is lying on the support of 41.8k support level or we have the lower support level of this rising wedge pattern.
We need to break the 42k level to remain bullish.
Let's see how the market reacts.
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