Hello Crypto Lovers, This is a 1D frame analysis for BTCUSDT As we can see, the price was able to experience a good rise after breaking the resistance line and bring its momentum towards the first resistance line. However, we can currently see a weakness in the trend and we have two scenarios in mind. Scenario one: We expect the price to be able to bring itself towards the first support line and then, with support and higher line stability, to start its upward trend again. Scenario two: If the price is able to stabilize above Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions. Take care
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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.