Hello, community members welcome to this BTC/USDT 2hr chart update by Domino crypto.
Don’t forget to hit the like button if you find this update helpful because this motivates me to bring this kind of update regularly.
Now, Let's get to the chart,
As the above-mentioned chart is evident that BTC/USDT still trading inside this symmetrical triangle pattern and got rejected from the upper trend line resistance level.
Here BTC also getting the local support of blue MA which BTC must hold and bounce upward.
RSI is moving downside and current levels are 50%.
Here I am expecting a bounce from the lower trend line towards the upper trend line and a break above this triangle pattern.
A candle that closes below the lower trend line will be the invalidation point for this chart.
NOTE: This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
Don’t forget to hit the like button if you find this update helpful because this motivates me to bring this kind of update regularly.
Now, Let's get to the chart,
As the above-mentioned chart is evident that BTC/USDT still trading inside this symmetrical triangle pattern and got rejected from the upper trend line resistance level.
Here BTC also getting the local support of blue MA which BTC must hold and bounce upward.
RSI is moving downside and current levels are 50%.
Here I am expecting a bounce from the lower trend line towards the upper trend line and a break above this triangle pattern.
A candle that closes below the lower trend line will be the invalidation point for this chart.
NOTE: This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.
DO YOUR RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
