Hello, dear traders welcome you to this BTCUSDT WEEKLY chart analysis. I have tried my best to bring the best possible outcome in this chart. Hello dear traders, If you find our charts helpful then support our ideas with your LIKE and COMMENT, also be free to ask any question in the comments, and we will try to answer for all, thank you, guys.
CHART ANALYSIS : As we can see in the above, mentioned chart that weekly candles closed at the price level of $31328.
After the weekly candle close BTC again tossed some % and moved downside, currently BTC is trading at the price level of $29500.
Here it is evident that whenever BTC touches the lower green line support it bounces and left a wick every time. So, lower green support can be considered a strong support zone for BTC.
Here, BTC needs to candle close above the lower green support to stay in a bullish trend.
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