Domino_Crypto

#BTC RETESTING UPPER TREND LINE!!

BITSTAMP:BTCUSD   Bitcoin
Hello everyone welcome you all to this exclusive BTC 4hr chart update.

If you find my updates helpful and productive, hit the like button follow and comment your view in the comment section, this motivates me to bring this kind of update regularly.

Let’s look into the chart,

As BTC performed well and was able to break 4 weeks of resistance, currently resting after a rally of 28%.

In the scenario, BTC is likely to retest the upper resistance level of $22700 and bounce towards the upper resistance level of $28k in the upcoming days.

BTC needs to hold this level otherwise breaking below will lead BTC again towards its lower price level of $20k.

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.
Disclaimer

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.