Hello, community members welcome to this BTC/USDT 4hr chart update by Domino crypto.
Don’t forget to hit the like button if you find this update helpful because this motivates me to bring this kind of update on a regular basis.
Now, Let's get to the chart,
As I mentioned in my previous 4hr update chart BTC will hold the lower trend line
And it folded well after a sharp 5% quick dump.
Now BTC recovered upside and gained 2.5 from the lower trend line support.
In the current scenario, BTC trading on the blue MA BTC must close above this MA to rally towards the upper resistance trend line at the price level of $30920.
BTC also has a strong short-term resistance at the price level of $30400 from which BTC already rejected multiple times in this 4hr chart.
BTC must break this red resistance level in the upcoming hours to touch the upper trend line.
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.
Don’t forget to hit the like button if you find this update helpful because this motivates me to bring this kind of update on a regular basis.
Now, Let's get to the chart,
As I mentioned in my previous 4hr update chart BTC will hold the lower trend line
And it folded well after a sharp 5% quick dump.
Now BTC recovered upside and gained 2.5 from the lower trend line support.
In the current scenario, BTC trading on the blue MA BTC must close above this MA to rally towards the upper resistance trend line at the price level of $30920.
BTC also has a strong short-term resistance at the price level of $30400 from which BTC already rejected multiple times in this 4hr chart.
BTC must break this red resistance level in the upcoming hours to touch the upper trend line.
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.
