Hello, community members welcome to another BTC/USDT chart update.
If you find this update helpful, shoot the like button follow and share your views in the comment section.
As we can see in the above-mentioned chart that BTC still trading inside the falling expanding channel pattern on a green support level.
Currently, BTC is trading at the price level of $20k and it needs to hold the $19.5k level to remain bullish.
Brake below this level will lead BTC again towards the price level of $17.5k.
A bounce from this level will lead BTC towards the upper trend line and a break below above will lead BTC towards the price level of $22.8k.
RSI currently moving at the range of 48.5% and MACD is printing a bullish cross-over.
IMO, BTC is still at a crucial price point so, if you are holding any position then be cautious and keep your SL tight to save your portfolio.
NOTE: 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.
If you find this update helpful, shoot the like button follow and share your views in the comment section.
As we can see in the above-mentioned chart that BTC still trading inside the falling expanding channel pattern on a green support level.
Currently, BTC is trading at the price level of $20k and it needs to hold the $19.5k level to remain bullish.
Brake below this level will lead BTC again towards the price level of $17.5k.
A bounce from this level will lead BTC towards the upper trend line and a break below above will lead BTC towards the price level of $22.8k.
RSI currently moving at the range of 48.5% and MACD is printing a bullish cross-over.
IMO, BTC is still at a crucial price point so, if you are holding any position then be cautious and keep your SL tight to save your portfolio.
NOTE: 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.
