1D BTCUSDT. Hi everyone!
Daily " BTCUSDT Upward channel.
BTC is currently Trading at $42.2k looking to bounce of up from down trend support level. (White line )
If achieving good volume we could see it re-test previous failed resistance at $45.9 K (strong resistance level)
If failing to hold above this level and( a) daily candle closes below $40.8K (White broken line)Would mean that the Price Channel is broken t BTC cloud drop to $35k or even lower.
ALWAYS look for extra confirmation before making any trade.
Happy trading people
(No financial advice)
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