Trechnicalanalysis
BTC/USDT 1HR CHART UPDATE!!Hello, community members welcome to another BTC/USDT chart update.
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As we can see in the above-mentioned chart the relier BTC was following the lower trend line well and was moving upside.
At the price level of $21324 BTC broke below the lower trend line and currently retesting below, here some % of consolidation is likely before the weekly close, and BTC can drop down to the green support zone again which is $19500 to $ 19800 and quick bounce towards the price level of $22k - $24k.
Let’s see how BTC performs in upcoming hours and how weekly. Candle closes.
NOTE: This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.