BTC/USDT Weekly broke the trendline!!!

22 ส.ค. 2022

BTC overview

By the morning as we woke up we had some "liquidation hunting". As we broke this trend on of $22700 weekly chart next target for sellers will be to break 20K zone as there should be some correction as well as 20K is one of a demand zone for buyers.

At the moment we are sitting at 21K and we are not seeing any volume or pullbacks so that mean that this is not the bottom for this week. Just remember when you see that long of a wick on 4hr candle without out pullback then this is bad sign for BTC.

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Yours Sincerely,

Swallow Team.

Disclamer:
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