Welcome to this quick chart analysis, if you find this helpful hit the like button and share your views in the comment section.
As we can see from the chart mentioned above
BTC performed well, bounced from the lower trend line support, and pumped almost 7.5% after a break above the resistance zone.
BTC got rejected from the upper trend line support at the price level of $20440 and moving downside.
Here B TC should hold the lower trend line support to recover again towards the upside.
If any 4hr candle closes below the lower trend line, the next stop will be the lower green support zone, which is $17.6k - $18k.
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 OWN RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
As we can see from the chart mentioned above
BTC performed well, bounced from the lower trend line support, and pumped almost 7.5% after a break above the resistance zone.
BTC got rejected from the upper trend line support at the price level of $20440 and moving downside.
Here B TC should hold the lower trend line support to recover again towards the upside.
If any 4hr candle closes below the lower trend line, the next stop will be the lower green support zone, which is $17.6k - $18k.
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 OWN RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
