TradingView
CryptoSanders9563
Nov 20, 2022 4:57 AM

BTC/USDT 4HOUR UPDATE 

Bitcoin / TetherUSBinance

Description

Hello, welcome to this BTC USDT 4Hr chart update by CRYPTOSANDERS.

I have tried to bring the best possible outcome to this chart.

Show some support, hit the like button, and follow and comment in the comment section. this motivates me to bring this kind of chart analysis on a regular basis.

CHART ANALYSIS:- BTC remains bullish and is consolidating in a symmetrical triangle on the 2H TF. MACD crossover is turning bullish

A successful breakout of the symmetrical triangle will confirm the move toward the horizontal resistance and a solid break above it will target the key resistance level of 18.5K.

If BTC breaks out of the symmetrical triangle with a retest below it, the chart will be invalid.


This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.

Thank you

Trade closed: stop reached

the chart will be invalid.

Comments
SwallowPremium
We guess we'll just have to wait and see.
More