BTCUSDT Technical Analysis

BINANCE:BTCUSDT   Bitcoin / TetherUS

Here on the 1 hour time frame we see that BTC is in a Bullish channel and has got 3 rejections from the Support line. On the other hand the price is right at the previous Resistance turned into Support which is suggesting the price might go higher from this level. If the Pullback happens it must be around 37978.0

TP1 @ 39690.0
TP2 @ 41078.0
TP3 @ 43748.6

SL @ 37365.0

Happy Trading :)

If you find this helpful and want more FREE forecasts in TradingView

Please show your support back,
Hit the 👍 LIKE button,
Drop some feedback below in the comment!

❤️ Your Support is really appreciated!❤️


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.