BTC/USDT 8HOUR UPDATE BY CRYPTO SANDERS
Hello and welcome to this BTC /USDT chart update by Crypto Sanders.
I have tried to bring the best possible result in this chart.
Chart Analysis:-
BTC is going up level by level. Recently it breakout the cup and handle pattern after hunting stops below the local support. It is rejected from the range high resistance, and now it is trading over the horizontal support, where MA 100 is also acting as support.
A further bullish move is normal if it effectively retests the horizontal support and breakout the range high with a stable volume.
This is not a piece of financial advice.
Hit the like button if you like it and share your chart in the comment section.
Thank you
I have tried to bring the best possible result in this chart.
Chart Analysis:-
BTC is going up level by level. Recently it breakout the cup and handle pattern after hunting stops below the local support. It is rejected from the range high resistance, and now it is trading over the horizontal support, where MA 100 is also acting as support.
A further bullish move is normal if it effectively retests the horizontal support and breakout the range high with a stable volume.
This is not a piece of financial advice.
Hit the like button if you like it and share your chart in the comment section.
Thank you
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