Hello, welcome to this BTC /USDT chart update by CRYPTOSANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:-
BTC took a sharp correction after the breakdown of the ascending triangle. Now it has cleared stops below the previous low and bouncing from the horizontal support.
A bounce is expected from here, but a strong confirmation of bullish momentum in the market is a solid close above $17K. If it breakdown the current horizontal support, we will see a further downward move in the market.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
Thank you
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:-
BTC took a sharp correction after the breakdown of the ascending triangle. Now it has cleared stops below the previous low and bouncing from the horizontal support.
A bounce is expected from here, but a strong confirmation of bullish momentum in the market is a solid close above $17K. If it breakdown the current horizontal support, we will see a further downward move in the market.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
Thank you
