Bitcoin Update
Updated
BTC Update:
Timeframe- 3 hours.
Hello, traders, I hope you all are doing well. In our recent trades, we made some good profits and in some trades, our SL got hit. The current scenario on BTC is a 'No trade zone' for me and it will be a wise decision to wait for the weekly close.
In this hourly TF, BTC is under a symmetrical triangle and it is reclining toward the support. If it manages to hold this 41.3k support level then an attempt to break the 42.5k resistance is likely possible.
Trade safely.
Regards,
Team Dexter.
Timeframe- 3 hours.
Hello, traders, I hope you all are doing well. In our recent trades, we made some good profits and in some trades, our SL got hit. The current scenario on BTC is a 'No trade zone' for me and it will be a wise decision to wait for the weekly close.
In this hourly TF, BTC is under a symmetrical triangle and it is reclining toward the support. If it manages to hold this 41.3k support level then an attempt to break the 42.5k resistance is likely possible.
Trade safely.
Regards,
Team Dexter.
Comment
BTC so far. Current scenario- Breakout and retest.
Comment
Be careful, guys. BTC failed to hold the 42.5k. Currently, the
42K is trying hard to hold the price. If the 42K support didn't hold then we might see a drop back to 40.8k. So, stay vigilant.Comment
BTC Update:
BTC managed to hold good support at
42K and then it bounced back. Currently, it is facing the same resistance trendline and it will be interesting to see if BTC can manage to break it. Stay tuned for more updates.
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