Bitcoin
Short

BTC/USD : Possible directions for next hours

BTCUSD
Hello everyone 😃

BTC had a dive into 40K channel and now it's moving between trendlines without any visible direction.
There's a trendline and a resistance above BTC's movement,
We expect a retest on 48K level ( near trendline ) and another to 43K support line or 40K support zone !

📌 BTC have a convergence on RSI, but it didn't confirmed yet; It's better to wait for a rejection from trendlines...
Above Bearish trendline will make a chance for BTC to retest 52K level !!

Attention: this isn't financial advice we are just trying to help people on their own vision.

Have a good day!
Helical_Trades

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.