Hello, community members welcome to another BTC/USDT chart update.
If you find this update helpful, shoot the like button follow and share your views in the comment section.
As I mentioned in my previous chart BTC moved downside by 23%.
Now BTC heading towards the lower support level of $18k-$19k which is also a previous ATH.
Now BTC is almost 19% above the crucial support level.
Many things have been changed now, BTC never retested its previous ATH now it's almost there to retest its previous high.
BTC also following the lower trend line support and which is also
Connecting at the price range between $18k - $19k.
A quick bounce is likely in the upcoming days after a sharp wick-off at the price level of $18k.
A bounce from the support level can lead BTC again to print a new high, a candle close below the lower support will drop down BTC to a price level of $12k.
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.
If you find this update helpful, shoot the like button follow and share your views in the comment section.
As I mentioned in my previous chart BTC moved downside by 23%.
Now BTC heading towards the lower support level of $18k-$19k which is also a previous ATH.
Now BTC is almost 19% above the crucial support level.
Many things have been changed now, BTC never retested its previous ATH now it's almost there to retest its previous high.
BTC also following the lower trend line support and which is also
Connecting at the price range between $18k - $19k.
A quick bounce is likely in the upcoming days after a sharp wick-off at the price level of $18k.
A bounce from the support level can lead BTC again to print a new high, a candle close below the lower support will drop down BTC to a price level of $12k.
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.
