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Welcome to this BTC/USDT update. BTCbreaks below $38k level and holds $37,500 level so far.
In 1hr time frame, BTC is trading inside a bullish falling wedge-like structure and bouncing from the lower trendline of the wedge. Once it breaks above this wedge and also 50ma then it is ready to go $42k
Also, a bullish divergence occurs in RSI which is a good sign of a bull's perspective.
So overall it looks bullish in LTF all we need is to hold the $37.5k level.
Let's go to $42k!
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
Welcome to this BTC/USDT update. BTCbreaks below $38k level and holds $37,500 level so far.
In 1hr time frame, BTC is trading inside a bullish falling wedge-like structure and bouncing from the lower trendline of the wedge. Once it breaks above this wedge and also 50ma then it is ready to go $42k
Also, a bullish divergence occurs in RSI which is a good sign of a bull's perspective.
So overall it looks bullish in LTF all we need is to hold the $37.5k level.
Let's go to $42k!
If you like this idea then do support it with like and follow.
Also, share your views in the comment section.
Thank You!
רעיונות קשורים
Breaks above 50ma. Send it to $42k