#BTCUSDT Daily Chart update
Like expected, the last daily candle closed above the resistance level ($42,601) and price is now bearish as we had a bearish divergence. Like i said, it will most likely restest the $42,601 level as it will be the first major support level before $40,889. Overall, price is still trading far above EMA ribbon and MACD is still bullish.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.