Hello, traders welcome to another BTC/USDT chart update.
As we can observe from the above-mentioned chart that after falling 10% from top resistance BTC recovered well and printed some green candles upside and formed a bear flag pattern BTC break below and again moved down by 4%.
Now, BTC is currently trading on a green support zone, here BTC needs to close above the support zone to gain some green candles toward the price level of $30600.
Candle close below the support zone will lead down BTC again towards the price level of $28600.
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.
As we can observe from the above-mentioned chart that after falling 10% from top resistance BTC recovered well and printed some green candles upside and formed a bear flag pattern BTC break below and again moved down by 4%.
Now, BTC is currently trading on a green support zone, here BTC needs to close above the support zone to gain some green candles toward the price level of $30600.
Candle close below the support zone will lead down BTC again towards the price level of $28600.
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.
