BTCUSDT - An uptrend due to 2 higher lows record
BTCUSDT as of January 16, 2022
Time Frame: 4H
1. Price nearly touching the 43.3K Resistance Area.
2. We have observed 2 higher lows based from the lowest price of 39.6K. Interprets a bull trend.
3. Once the price breaks out the 43.3K and 44.3K resistance areas, expect that price may go up to
46K resistance area and consolidate due to the huge selling pressure last Dec 30 to Jan 5.
Time Frame: 4H
1. Price nearly touching the 43.3K Resistance Area.
2. We have observed 2 higher lows based from the lowest price of 39.6K. Interprets a bull trend.
3. Once the price breaks out the 43.3K and 44.3K resistance areas, expect that price may go up to
46K resistance area and consolidate due to the huge selling pressure last Dec 30 to Jan 5.
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