Hello, dear traders welcome you to this BTC /USDT chart analysis. Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
As we can observe from the above-mentioned chart that nothing much changed at this chart BTC is still trading inside the triangle pattern on a green support zone or the lower trend line support in this hourly chart.
BTC fought to break this triangle pattern but still did not been able to do that till now.
Here RSI moving upside and MACD already printed a bullish cross-over.
2hour for a candle close, 4HOUR here BTC needs a candle close above the red dotted resistance level and needs a break above this triangle pattern.
Break above and retest to this triangle pattern will lead BTC to gain some green candle towards the upper resistance level at the price level of $30600.
A candle that closes below the lower green support zone will be the invalidation point of this chart analysis.
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
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