Hello, welcome to this BTC /USDT 1Hr chart update by CRYPTOSANDERS.
I have tried to bring the best possible outcome to this chart.
Show some support, hit the like button, and follow and comment in the comment section. this motivates me to bring this kind of chart analysis on a regular basis.
#BTC/USDT ANALYSIS
BTC is moving in a symmetrical triangle and currently holding above its support trendline. A breakdown of the symmetrical triangle will confirm a move toward the horizontal support which is also the current low from where we can expect a good bounce.
An effective breakout of the symmetrical triangle will confirm a move toward the horizontal resistance around $18,700 and a strong breakout of it will confirm the further bullish pattern in the market.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
Thank you
I have tried to bring the best possible outcome to this chart.
Show some support, hit the like button, and follow and comment in the comment section. this motivates me to bring this kind of chart analysis on a regular basis.
#BTC/USDT ANALYSIS
BTC is moving in a symmetrical triangle and currently holding above its support trendline. A breakdown of the symmetrical triangle will confirm a move toward the horizontal support which is also the current low from where we can expect a good bounce.
An effective breakout of the symmetrical triangle will confirm a move toward the horizontal resistance around $18,700 and a strong breakout of it will confirm the further bullish pattern in the market.
This is not a piece of financial advice.
Hit the like button if you like it and share your charts in the comments section.
Thank you
