Welcome to this quick BTC/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Hello, members
Welcome to our BTC/USDT quick hourly update.
As we can see in this chart BTC is currently trading inside the symmetrical triangle pattern which is a bullish pattern.
In the current scenario, BTC strongly holds the red MA (moving average) which is near the $39200 mark.
Whenever BTC holds the red MA BTC it becomes bullish.
MACD (moving average convergence divergence) also shows bullish crossover.
So we can say that we can see some green candles in the next few hours.
If BTC breaks the red ma then this chart will be invalidated.
This is not a piece of financial advice.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
thank you.
I have tried my best to bring the best possible outcome in this chart.
Hello, members
Welcome to our BTC/USDT quick hourly update.
As we can see in this chart BTC is currently trading inside the symmetrical triangle pattern which is a bullish pattern.
In the current scenario, BTC strongly holds the red MA (moving average) which is near the $39200 mark.
Whenever BTC holds the red MA BTC it becomes bullish.
MACD (moving average convergence divergence) also shows bullish crossover.
So we can say that we can see some green candles in the next few hours.
If BTC breaks the red ma then this chart will be invalidated.
This is not a piece of financial advice.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
thank you.
