Hello community members and welcome back to another BTC/USDT chart update.
As we can witness in the chart above, BTC broke the falling wedge pattern upside in a lower time frame and is currently retesting the upper trend line support.
Here more green candles are likely towards the price level of $30k in the upcoming hours.
BTC needs to hold this upper trend line support and close above.
RSI also moving upside down and following the trend line well.
A candle that closes below the upper trend line will be the invalidation point of this chart analysis.
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 OWN RESEARCH BEFORE TAKING ANY TRADES.
Thank you
As we can witness in the chart above, BTC broke the falling wedge pattern upside in a lower time frame and is currently retesting the upper trend line support.
Here more green candles are likely towards the price level of $30k in the upcoming hours.
BTC needs to hold this upper trend line support and close above.
RSI also moving upside down and following the trend line well.
A candle that closes below the upper trend line will be the invalidation point of this chart analysis.
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 OWN RESEARCH BEFORE TAKING ANY TRADES.
Thank you
