#BTC/USDT UPDATE

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#BTC/USDT ANALYSIS

It bounced from the horizontal support and currently rejecting from the horizontal and trendline resistance. Point of control resistance is coming at $30,530. MACD crossover is showing bullish momentum. We might see some sideways consolidation in the current range and a sustain breakout/breakdown will further confirm the next move of it.

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ملاحظة

#BTC UPDATE

As expected BTC got rejected from the upper horizontal resistance and is currently holding above the lower support of this symmetrical triangle pattern. RSI is in an oversold region.

We can expect some bounce from here but a certain breakout or breakdown will confirm its next move.

Stay tuned