BTCUSDT: Daily Analysis of Bullish price action
Hello dear traders
Here is the full update analysis in the daily chart. As you know in the last analysis that I mentioned about strong resistance zone at 10700 who BTC couldn't break and close daily above that and dropped and touched the bottom of the triangle and trendline and by strong supply and volume could become to bull and break the 0.38 of the Fibonacci as a resistance in the uptrend channel.
If BTC can close the next two 4H above the resistance zone between 10900-10950, we can see 11116 and even 11456 in top of the triangle or trend line and drop to the strong support in the 9K channel and bull again...
For now, BTC has good support and moving above the EMA 20 and 50.
Here is the full update analysis in the daily chart. As you know in the last analysis that I mentioned about strong resistance zone at 10700 who BTC couldn't break and close daily above that and dropped and touched the bottom of the triangle and trendline and by strong supply and volume could become to bull and break the 0.38 of the Fibonacci as a resistance in the uptrend channel.
If BTC can close the next two 4H above the resistance zone between 10900-10950, we can see 11116 and even 11456 in top of the triangle or trend line and drop to the strong support in the 9K channel and bull again...
For now, BTC has good support and moving above the EMA 20 and 50.
تم فتح الصفقة:
2 levels reached, BTC hit the trend line and need the corrections.
