BTCUSDT | BREAKOUT OR FALSE BREAKOUT?
BTC has broken the resistance level after a long consolidation period but it can be a false breakout as well. So, if the price level breaks 31,446 then we can long on the expected bullish run, and if it breaks below the new support then it may re-enter the accumulation phase again.
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.