Hello, community members welcome to this BTC/USDT 1hr chart update by Domino crypto.
Don’t forget to hit the like button if you find this update helpful because this motivates me to bring this kind of update regularly.
Now, Let's get to the chart,
As we can see at the above mentioned chart that BTC/USDT again got rejected from the red resistance level and dropped almost 5% down from the resistance level.
In current scenario BTC holding the lower trend line again well.
BTC one more can move upside from here to break this channel pattern to bullish for short term towards the price level go $34500.
Here BTC must hold the lower trend line.
INVALIDATION: candle close below the lower trend line support in the hourly time frame 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 RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
Don’t forget to hit the like button if you find this update helpful because this motivates me to bring this kind of update regularly.
Now, Let's get to the chart,
As we can see at the above mentioned chart that BTC/USDT again got rejected from the red resistance level and dropped almost 5% down from the resistance level.
In current scenario BTC holding the lower trend line again well.
BTC one more can move upside from here to break this channel pattern to bullish for short term towards the price level go $34500.
Here BTC must hold the lower trend line.
INVALIDATION: candle close below the lower trend line support in the hourly time frame 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 RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
