Weekly Support & Resistance Zones for BTCUSDT on Binance (01/20)
As anticipated, BTCUSDT made a sizeable bullish move and broke through the 8275 resistance level on January 14. The 8275 resistance level then turned into the current support level. The pair was pretty much stalling for the next four days after that large bullish move. On January 19, BTCUSDT was trading above the 9050 resistance level during the day before it went back under the resistance level and closed below it. At this time, the pair may be retraced to the 8275 support zone before it makes a decision for the next move.
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