Hello traders, i hop your week is going well... Here is another chart breakdown on BTC USDT...
On the weekly chart, the pair has been on a downtrend for sometime and currently struggling at the support (on weekly timeframe).
A careful look at the 1hr to 4hr time frame, there is an ascending channel and that indicates a trend continuation.
Currently targeting the resistance as marked on the chart... Stop loss above resistance...
On the weekly chart, the pair has been on a downtrend for sometime and currently struggling at the support (on weekly timeframe).
A careful look at the 1hr to 4hr time frame, there is an ascending channel and that indicates a trend continuation.
Currently targeting the resistance as marked on the chart... Stop loss above resistance...
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