BTCUSDT: Waiting for a possible reversal

Hello everyone, let's discuss and strategize for the new day!

In general, BTCUSDT has experienced a significant price increase, surpassing the $53,250 mark. It is currently trading at a new high of $63,750, marking a 0.96% increase for the day.

However, it can be observed that the price has reached the upper limit of the upward channel, so there is a possibility that the price will touch the channel's upper boundary and retest the 34 and 89 EMA levels, which are also the price levels that were previously broken through.
Trade active
Trade active

Join my free signals group 🚀:
High quality signal 📈
Let's make profits together 💰

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.