Hello Crypto Lovers, This is a 1D frame analysis for BTCUSDT Friends, as you can see, our previous analysis has panned out and friends had requested an update, we have reviewed the market in a lower timeframe. Currently, the price has hit our 4 hour support zone and the previous candle has closed positively which can be good news but Bitcoin is in a range where if our 4 hour support zone is completely broken we expect a pullback or maybe a high selling pressure with no possibility of pullback and move towards its support line. But let's draw a conclusion 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.