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 we can see in the above-mentioned chart that 2 different color markings have been plated to showcase the scenario study in BTC in 2hr time frame chart.
It is Cleary can observe that BTC till now followed the previous scenario where at the bottom support level BTC consolidated by moving upside and pumped almost 6% and again printed a big green towards the upper resistance zone after another consolidation which is denoted with a yellow circle.
In the current scenario, BTC is again in consolidation face so here we can expect a bounce from here at any time towards the upper resistance level.
As result, BTC needs to break above the local resistance level to rally towards the price level of $33k.
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 we can see in the above-mentioned chart that 2 different color markings have been plated to showcase the scenario study in BTC in 2hr time frame chart.
It is Cleary can observe that BTC till now followed the previous scenario where at the bottom support level BTC consolidated by moving upside and pumped almost 6% and again printed a big green towards the upper resistance zone after another consolidation which is denoted with a yellow circle.
In the current scenario, BTC is again in consolidation face so here we can expect a bounce from here at any time towards the upper resistance level.
As result, BTC needs to break above the local resistance level to rally towards the price level of $33k.
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.
