BTCUSDT pumped after the breakout of its symmetrical triangle but later it got rejected from the horizontal resistance which was also the main target of this symmetrical triangle. Currently $BTC is now trading above its key support levels which are marked in the chart i drew above.
If we see some Bullish Momentum here then there will be a bullish sign for BTCUSDT and overall ALT markets, on the contrary if there is a succesful breakdown below the current demand zone, it will then confirm a bearish move in the BTCUSDT and overall cryptomarket.
Let me know what you think!
MetaFutures.
If we see some Bullish Momentum here then there will be a bullish sign for BTCUSDT and overall ALT markets, on the contrary if there is a succesful breakdown below the current demand zone, it will then confirm a bearish move in the BTCUSDT and overall cryptomarket.
Let me know what you think!
MetaFutures.