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Bitcoin / Tether USD
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BTCUSDT - Establishing a Strong Support Zone

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It looks like BTCUSDT (in its 3rd day) is currently still testing the current support area between 42K - $44k to establish what it seems like a strong support. If the support has been established, the pair may go to the $47k - 49K resistance zone.
Note
BTCUSDT hit 50k on August 23. I think the support area has been established.
Trade closed: target reached
BTCUSDT reached the resistance zone.
avis06
Also on:
Bitcoin (Cryptocurrency)BTCBTCUSDTChart PatternshuobiTrend Analysis

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Bitcoin (Cryptocurrency)BTCBTCUSDTChart PatternshuobiTrend Analysis
avis06
Also on:

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.