Hello, community members welcome to another BTC/USDT chart update.
Till now BTC has performed exceptionally well, bouncing from the green support zone and able to regain 10% till now.
In the current scenario, BTC is facing a local resistance and needs to close above to carry on its further rally towards the price level of $22.8k which is the main resistance level for now which BTC cannot break above in the last 6 weeks.
Here BTC also getting support from RED ma.
The rejection or close below this MA support can again lead BTC towards the lower support levels.
NOTE: If you find this update helpful, hit the like button and follow for this kind of regular update.
If you have anything to ask about this analysis you can ask in the comment section.
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.
Till now BTC has performed exceptionally well, bouncing from the green support zone and able to regain 10% till now.
In the current scenario, BTC is facing a local resistance and needs to close above to carry on its further rally towards the price level of $22.8k which is the main resistance level for now which BTC cannot break above in the last 6 weeks.
Here BTC also getting support from RED ma.
The rejection or close below this MA support can again lead BTC towards the lower support levels.
NOTE: If you find this update helpful, hit the like button and follow for this kind of regular update.
If you have anything to ask about this analysis you can ask in the comment section.
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.
