BTCUSDT as of January 16, 2022
Time Frame: 4H
1. Price nearly touching the $43.3K Resistance Area.
2. We have observed 2 higher lows based from the lowest price of $39.6K. Interprets a bull trend.
3. Once the price breaks out the $43.3K and $44.3K resistance areas, expect that price may go up to $46K resistance area and consolidate due to the huge selling pressure last Dec 30 to Jan 5.
Time Frame: 4H
1. Price nearly touching the $43.3K Resistance Area.
2. We have observed 2 higher lows based from the lowest price of $39.6K. Interprets a bull trend.
3. Once the price breaks out the $43.3K and $44.3K resistance areas, expect that price may go up to $46K resistance area and consolidate due to the huge selling pressure last Dec 30 to Jan 5.