Hello, community members welcome to another BTC/USDT chart update.
As we can see in the above-mentioned chart that after a sharp pump of 12% BTC got rejected from the price level of $21700 resistance level.
In the current scenario BTC holding the red MA support well and needs to sustain this level to regain above.
Bounce from the current level will lead towards the upper resistance level at the price level of $21.7k.
Rejection will lead BTC again towards its lower price levels.
Let’s see how it perfumes in the upcoming hours.
NOTE: If you find this update helpful, hit the like button and follow for this kind of regular update.
If you have anything to ask about this analysis you can ask in the comment section.
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.
As we can see in the above-mentioned chart that after a sharp pump of 12% BTC got rejected from the price level of $21700 resistance level.
In the current scenario BTC holding the red MA support well and needs to sustain this level to regain above.
Bounce from the current level will lead towards the upper resistance level at the price level of $21.7k.
Rejection will lead BTC again towards its lower price levels.
Let’s see how it perfumes in the upcoming hours.
NOTE: If you find this update helpful, hit the like button and follow for this kind of regular update.
If you have anything to ask about this analysis you can ask in the comment section.
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.
