Bitcoin / Tether USD

BTCUSDT - Establishing a Strong Support Zone

Updated

It looks like BTCUSDT (in its 3rd day) is currently still testing the current support area between - 44k to establish what it seems like a strong support. If the support has been established, the pair may go to the 47k - 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.

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