BTCbrain

Weekly Support & Resistance Zones for BTCUSDT on Binance (02/03)

BINANCE:BTCUSDT   Bitcoin / TetherUS
BTCUSDT continued to have a strong bullish momentum and broke out the 9050 resistance level on January 28. The pair reached near the 9705 resistance territory on January 30, but was unable to penetrate the resistance level since then. BTCUSDT had a noticeable retracement yesterday (February 2), and the pair is now struggling to get back to the 9705 resistance level. In my opinion, BTCUSDT will keep trading sideways between the 9050 support level and the 9705 resistance level during this week.

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