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 at the comment section.
As I mentioned in my previous chart that BTC was trading on support zone and at fib level of 0.5, BTC needed a candle close above the support zone and blue MA where BTC performed really well.
After a candle close above support zone BTC printed a big green candles with a pump of almost 5%.
In current scenario BTC heading towards its local strong resistance zone which is $32k.
Now BTC needs to break the above resistance level and close, Which will lead BTC towards the price level of $35k.
Rejection will lead BTC dropdown again towards the price level of $29.5k.
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 at the comment section.
As I mentioned in my previous chart that BTC was trading on support zone and at fib level of 0.5, BTC needed a candle close above the support zone and blue MA where BTC performed really well.
After a candle close above support zone BTC printed a big green candles with a pump of almost 5%.
In current scenario BTC heading towards its local strong resistance zone which is $32k.
Now BTC needs to break the above resistance level and close, Which will lead BTC towards the price level of $35k.
Rejection will lead BTC dropdown again towards the price level of $29.5k.
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
