Hello, welcome to this BTC /USDT 1Hr chart update by CRYPTOSANDERS.
I have tried my best to bring the best possible outcome to this chart.
Show some support do hit the like button, follow and comment in the comment section. this motivates me to bring this kind of chart analysis on regular basis.
CHART ANALYSIS:-
As we can see in the above-mentioned chart that BTC/USDT is still trading inside this triangle pattern and trying to break the upper trend line resistance for the fourth time.
This chart shows that whenever the price reaches near the upper trend line it rejects and moves downside towards the lower trend line maximum times.
In this uncertain market, BTC can brake or also can reject from the current price level, if its able to break the upper trend line then BTC will be bullish and if rejects then it will again fall down to the lower trend line.
For now, it's better to wait for confirmation.
This is not a piece of financial advice.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
thank you.
I have tried my best to bring the best possible outcome to this chart.
Show some support do hit the like button, follow and comment in the comment section. this motivates me to bring this kind of chart analysis on regular basis.
CHART ANALYSIS:-
As we can see in the above-mentioned chart that BTC/USDT is still trading inside this triangle pattern and trying to break the upper trend line resistance for the fourth time.
This chart shows that whenever the price reaches near the upper trend line it rejects and moves downside towards the lower trend line maximum times.
In this uncertain market, BTC can brake or also can reject from the current price level, if its able to break the upper trend line then BTC will be bullish and if rejects then it will again fall down to the lower trend line.
For now, it's better to wait for confirmation.
This is not a piece of financial advice.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
thank you.
