BTC/USDT (Good Sign of Strength?)

💎Technical Analysis Summary💎



BTC/USDT

-Bitcoin is showing signs of strength today
-As the price respected the 9MA in the daily chart
-It also confirmed support of around 48k dollars
-If we want to see a more Bullish scenario
-BTC has to break above the trendline resistance
-And hold for a few days to invalidate the potential fake out
-We still have few hours left before this candle closes
-The weekly candle will potential show a good sign
-To invalidate the previous bearish engulfing weekly candle
-I think we will have more sideways trading action this week
-This will give a good oppurtunity for the Altcoins
-Stay healthy and always plan your next trade setup



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