Adilforgood

BTC/USDT is at divarication moment.

Adilforgood Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
BTCUSDT since it's bounce from 19500-19600 has hit the upper border of the downtrend channel at 4H TF and getting rejected already for 3 times. I hope price can bottom to 17 thousand price to finish the MA line bottom.
RSI showing it is at 30, which indicates that price is at healthy state.

while it is rejected 3 times at 4H TF, most probably price has to down once again at 19565 then again try to force the downtrend line at 4H TF.

Not a financial advice.
Trade active
Trade closed: target reached
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.