BTC/USDT 4HOUR UPDATE
Hello, welcome to this BTC /USDT 4hr chart update by CRYPTO SANDERS
I have tried to bring the best possible outcome to this chart.
Show some support, hit the like button, and comment in the comment section. this motivates me to bring this kind of chart analysis on regular basis.
BTC Analysis:-
BTC broke above the $21150 resistance and it was rejecting on every touch even above the trendline.
Now this level should act as support and we can move towards
23K and higher.
If it starts closing below 21k again it will be a negative sign in the near term.
Funding is on the neutral side here and there has been a lot of steady money flow across the exchanges over the past few days.
We haven't seen that much pump in BTC in that regard, instead alts are popping off one by one. If that rotation of capital turns into BTC it will hardly last.
Enjoy your Sunday and trade with proper setup and stop loss.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
thank you.
I have tried to bring the best possible outcome to this chart.
Show some support, hit the like button, and comment in the comment section. this motivates me to bring this kind of chart analysis on regular basis.
BTC Analysis:-
BTC broke above the $21150 resistance and it was rejecting on every touch even above the trendline.
Now this level should act as support and we can move towards
23K and higher.If it starts closing below 21k again it will be a negative sign in the near term.
Funding is on the neutral side here and there has been a lot of steady money flow across the exchanges over the past few days.
We haven't seen that much pump in BTC in that regard, instead alts are popping off one by one. If that rotation of capital turns into BTC it will hardly last.
Enjoy your Sunday and trade with proper setup and stop loss.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
thank you.
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