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BTCUSDT is currently trading above the $21.5k support level where $24.5k is acting as a current resistance level. Here clearly, we can see BTC is between this parallel channel, and also the white trend line is acting as a support line. As per this chart, BTC could gradually move towards the $24.5k resistance level and a restest may occur which could make BTC fall to $21.5k support before breaking the $24.5k support level.
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Safe Trading!!
BTCUSDT is currently trading above the $21.5k support level where $24.5k is acting as a current resistance level. Here clearly, we can see BTC is between this parallel channel, and also the white trend line is acting as a support line. As per this chart, BTC could gradually move towards the $24.5k resistance level and a restest may occur which could make BTC fall to $21.5k support before breaking the $24.5k support level.
We hope you enjoyed this post. Please write for any query in the comments section below!
Safe Trading!!
Trade active
Still holding great BTC !!!
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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.