BTC/USD : Possible directions for next hours

27 Feb 2021

BTCUSD
Hello everyone 😃

BTC had a dive into 40K channel and now it's moving between trendlines without any visible direction.
There's a trendline and a resistance above BTC's movement,
We expect a retest on 48K level ( near trendline ) and another to 43K support line or 40K support zone !

📌 BTC have a convergence on RSI, but it didn't confirmed yet; It's better to wait for a rejection from trendlines...
Above Bearish trendline will make a chance for BTC to retest 52K level !!

Attention: this isn't financial advice we are just trying to help people on their own vision.

Have a good day!
Helical_Trades