#BTC/USDT WEEKLY CHART UPDATE !!
Hello, traders welcome to another BTC/USDT chart update.
As we can see from the above-mentioned chart the weekly candle of BTC closed really well after a sharp Wyckoff.
After almost 4 weeks of consolidation at the 0.0618 fib level, BTC printed well and good weekly close. BTC till now performed really well and pumped almost 5.5%.
Here BTC needs to hold and gain the current price level and candle close above the price level of 31.4k.
Candle close above the yellow support zone will lead BTC upward towards the price level of
36K in the upcoming weeks.
Candle close below the lower trend line support will be the invalidation point of this chart analysis.
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 RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
As we can see from the above-mentioned chart the weekly candle of BTC closed really well after a sharp Wyckoff.
After almost 4 weeks of consolidation at the 0.0618 fib level, BTC printed well and good weekly close. BTC till now performed really well and pumped almost 5.5%.
Here BTC needs to hold and gain the current price level and candle close above the price level of 31.4k.
Candle close above the yellow support zone will lead BTC upward towards the price level of
36K in the upcoming weeks.Candle close below the lower trend line support will be the invalidation point of this chart analysis.
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 RESEARCH BEFORE MAKING ANY TRADES.
Thank you.
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