BTCUSD D1 Trend analysis

٣٠ يناير ٢٠٢٢

Bitcoin spotted trending on a descending channel, price hit the lower low channel and moving up towards the lower high. Base on trend strategy we might see price hit the low high and return to the lowest low and previous July, 2021 support at 30000. We will wait and see a proper setup before deciding on a trade.

Educational purpose only.