Hello traders welcome to another BTC chart analysis
If you are reading my update for the first time hit the like button follows and comments in the comment section if you find this analysis helpful.
As we can see in the above-mentioned chart that BTC was rejected for the third time from the $21.7k resistance level and meltdown again towards the lower green support.
BTC is currently trading in the green support zone and lower trend line support.
BTC should gain above the current level towards the upper resistance level again unless it breaks down the lower trend line support.
Candle close below the $19k level will change things totally for the whole market in the worst direction.
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 MAKING ANY TRADES.
Thank you.
If you are reading my update for the first time hit the like button follows and comments in the comment section if you find this analysis helpful.
As we can see in the above-mentioned chart that BTC was rejected for the third time from the $21.7k resistance level and meltdown again towards the lower green support.
BTC is currently trading in the green support zone and lower trend line support.
BTC should gain above the current level towards the upper resistance level again unless it breaks down the lower trend line support.
Candle close below the $19k level will change things totally for the whole market in the worst direction.
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 MAKING ANY TRADES.
Thank you.
