Welcome to this quick BTC/USDT 1 hr chart update.
As I mentioned in my previous update it moved well till now pumped almost 16% from the price level of $26700.
Now BTC moving down to retest the upper trend line and if it holds the trend line support then we can be able to see more green candle in upcoming hours.
It is also evident at above mentioned chart that shorter MA is moving to cross over the longer MA which is also a signal of bullish trend.
RSI also following the trend line and moving upward.
Candle close below the MA support will be the invalidation of this chart update.
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 OWN RESEARCH BEFORE TAKING ANY TRADES.
Thank you.
As I mentioned in my previous update it moved well till now pumped almost 16% from the price level of $26700.
Now BTC moving down to retest the upper trend line and if it holds the trend line support then we can be able to see more green candle in upcoming hours.
It is also evident at above mentioned chart that shorter MA is moving to cross over the longer MA which is also a signal of bullish trend.
RSI also following the trend line and moving upward.
Candle close below the MA support will be the invalidation of this chart update.
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 OWN RESEARCH BEFORE TAKING ANY TRADES.
Thank you.
