Hello, traders welcome you all to this BTC quick chart update.
If you find my updates helpful and productive, hit the like button follow and comment your view in the comment section, this motivates me to bring this kind of update regularly.
Let’s look into the chart,
As we can see BTC was able to gain above and reached its crucial trend line resistance level. Here we can witness that BTC is printing a rejection from the resistance zone, here it needs to hold this level and we need a clear break above and retest to rally towards its upper price level of 28k.
Rejection will lead BTC again to meltdown to its lower levels of 22.5k.
NOTE: If you find this update helpful, hit the like button and follow for this kind of regular update.
If you have anything to ask about this analysis you can ask in the comment section.
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.
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.