Weekly Support & Resistance Zones for BTCUSDT on Binance (12/16)

Bitcoin / TetherUS (BINANCE:BTCUSDT)

BINANCE:BTCUSDT Bitcoin / TetherUS

Chart Patterns Trend Analysis Bitcoin (Cryptocurrency) BTC tether usdt BTCUSDT binance

chartpattern trendanalysis bitcoin btc tether usdt btcusdt binance

BTCUSDT closed below the 7375 support level on the day, December 9. The pair was pretty much trading sideways since then and had a sizeable drop in price on December 14. The previous 7375 support level has turned into the current resistance zone. At this time, it looks like BTCUSDT is heading to the 6850 minor support zone before it decides for a new direction.

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