Hello, welcome to this BTC /USDT 1DAY chart update by CRYPTOSANDERS.
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:-BTC bounced with a good volume after doing a breakout of the descending trendline and POC level.
The bulls are showing strength and attempting to break horizontal resistance. An effective breakout above it will affirm a push toward $18,200.
In case of rejection, a retest of the POC level or of the marked descending trendline could be a potential situation.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
Thank you
I have tried to bring the best possible outcome to this chart.
CHART ANALYSIS:-BTC bounced with a good volume after doing a breakout of the descending trendline and POC level.
The bulls are showing strength and attempting to break horizontal resistance. An effective breakout above it will affirm a push toward $18,200.
In case of rejection, a retest of the POC level or of the marked descending trendline could be a potential situation.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
Thank you
