BTC/USDT UPDATE

15 авг. 2022 г.

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#BTC/USDT ANALYSIS

After the breakdown of the 28.8K level, we have seen a fast down move and BTC bounced hard with an extreme volume from 17.6K level bulls continuously defend that level by creating each higher low in ascending order.

Currently, it has done a breakout of ascending triangles and trying to give a close above the previous higher high. The retest above the last high would be a sign of a fast bullish move as from the area where price comes down fast, it goes up fast.

I have tried my best to bring the best possible outcome to this chart, Do not consider financial advice.

#BTC(Update)

one again BTC is trying to break this ascending triangle pattern 4hours candle closes in 47min let's see if it will be able to close above this upper resistance of this pattern.

or it will be a fake-out again

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