Hey Trader,
Check this trade out on BTCUSDT.
There is a possibility for BTC to break below the current demand zone (same zone that has once been used as supply.
A break below this zone could mean BTC heading back to $20k or even further down to monthly low of $15k.
Alternatively, if the price break above the roof (upper band of the descending triangle) then a further retest of $30k and $35k is very possible.
Keep a close tab on this.
Check this trade out on BTCUSDT.
There is a possibility for BTC to break below the current demand zone (same zone that has once been used as supply.
A break below this zone could mean BTC heading back to $20k or even further down to monthly low of $15k.
Alternatively, if the price break above the roof (upper band of the descending triangle) then a further retest of $30k and $35k is very possible.
Keep a close tab on this.
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