Hello, welcome to this BTC /USDT 1D 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:-Bitcoin (BTC) prices rebounded on Friday, as markets began to prepare for the release of October’s nonfarm payrolls report.
Today’s surge sees the world’s largest token move towards a ceiling of $20,800, which was the last hit on October 30.
Since last week’s failed breakout, BTC mostly traded lower in the days that followed, with today’s rally one of the few days bullish momentum has trumped downward sentiment.
As of writing, the relative strength index (RSI) is tracking at 58.57, which is marginally below a ceiling of 59.00.
In order to reach $20,800 and above, this resistance will first need to be broken.
This is not a piece of financial advice.
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Very good charting. Thank you for sharing this great idea!
UnknownUnicorn15614419
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Pretty detailed analysis. Thank you for your work, colleague! Of course, I miss the candlestick analysis, taking into account the dynamics of volumes, but that would be too detailed)