BTC/USDT 1 DAY ANALYSIS

5 Mar 2022

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In a higher timeframe, BTC is making this ascending triangle pattern now it is lying on the support of 48.8k level.

First scenario: In this scenario, we have a higher chance that BTC can Bounce from here up to 45k how the market reacts in a few hours.

Second scenario: If BTC break this 48.8k level then we have this download support Level of this ascending Triangle


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6 Mar 2022

Catatan

#BTC/USDT ANALYSIS

It is currently above its support, MACD crossover is showing bearish momentum. RSI just entered the oversold region. We can expect a bounce from the current support. If we see a sustained breakdown then this would be a bearish sign.