Will BTC come back to the top?
Coming back to the BTC / USDT review from a few days ago, we see an increase in price and that we are approaching an exit from the resistance zone. As you can see, after noticing the earlier drops, the price formed an upward triangle from which the price emerged upwards. We are currently just about to leave the resistance zone and the next major stop will be in the zone between $ 46,682 - $ 50,697. On the other hand, we can designate short-term supports on important fibretracement sites, the first of which is at $ 39,774.
Using the MACD indicator, we can somehow prepare for a potential change in the direction of prices, now you can see that the blue line has crossed the red line from below, which is a signal for a change in the trend.
More details on the chart :)
Using the MACD indicator, we can somehow prepare for a potential change in the direction of prices, now you can see that the blue line has crossed the red line from below, which is a signal for a change in the trend.
More details on the chart :)
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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.
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.