BTC/USDT 4 HOUR ANALYSIS

13 thg 3, 2022

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Currently, BTC is still facing these two levels of resistance if we broke those two levels of resistance then we can expect A Bounce up to 45k level.

it may retest the 38.6k level. if it breaks and closes downside this support level then my chart will be invalidate.

EMA'S are acting as a resistance. MACD crossover is showing bullish momentum. It might bounce from here or we've to wait for a sustained breakdown to confirm its s bearish move.

Let's see how the market reacts a few hours.

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14 thg 3, 2022

Ghi chú

#BTC UPDATE: It broke down ascending triangle and currently trading below it. EMA'S are acting as a resistance. MACD crossover is showing bearish momentum. RSI is in the oversold region. We can expect further downtrend in the market, if it retested successfully.