I have tried my best to bring the best possible outcome in this chart.
Hello members welcome to BTC/USDT 1hr quick chart update by CRYPTOSANDERS
As we can see in the above-mentioned chart that BTC dumped from $45318 to the $43769 mark which is almost 3.39%. In the current scenario, we can see that btc touched the lower trend line for the third time and bounced.
We can also see that whenever BTC touched the lower trend line iT bounced almost 7.5% every time so here we are expecting that btc can pump almost 7% to 7.5% this time If it happens then BTC will be trading $47200 soon.
Now, for the uptrend, we should wait for the confirmation which will be the next green candle so we should wait for the confirmation before entering any trades.
Till then For this kind of regular update be with us.
If BTC breaks the lower trend line and closes below then this chart will be invalidated.
This is not a piece of financial advice.
Sorry for my English it is not my native language.
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