#BTC/USDT 6HOUR UPDATE !!
Hello dear traders, we here new so we ask you to support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer all, thank you, guys.
#BTC/USDT ANALYSIS
BTC is trading in a descending triangle in between the marked rectangular channel. A successful breakout of the descending triangle will target the horizontal resistance around $20,500 which is the main level for bulls to break for the confirmation of a bullish trend in the market.
If BTC breakdown the descending triangle then it will target the horizontal support of $18,500, which is the key level for bears to break below it with a retest for the confirmation of a downward move.
The weekly candle closed as an indecisive candlestick. Other financial markets will open today and a new Monday range will form that will also clear further price movement.
Sorry for my English it is not my native language.
Hit the like button if you like it and share your charts in the comments section.
Thank you
#BTC/USDT ANALYSIS
BTC is trading in a descending triangle in between the marked rectangular channel. A successful breakout of the descending triangle will target the horizontal resistance around $20,500 which is the main level for bulls to break for the confirmation of a bullish trend in the market.
If BTC breakdown the descending triangle then it will target the horizontal support of $18,500, which is the key level for bears to break below it with a retest for the confirmation of a downward move.
The weekly candle closed as an indecisive candlestick. Other financial markets will open today and a new Monday range will form that will also clear further price movement.
Sorry for my English it is not my native language.
Hit the like button if you like it and share your charts in the comments section.
Thank you
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.