BTCUSDT Forms Rounding Bottom
BTCUSDT Technical analysis update
BTC has formed a rounding bottom pattern on the daily chart near the 2021 all-time high (ATH) resistance level. The price is now moving toward this resistance, aiming for a breakout. Currently, BTC is trading above the 100 and 200-day EMAs on the daily chart. If the price breaks above the rounding bottom pattern, a strong bullish move can be expected.
BTC has formed a rounding bottom pattern on the daily chart near the 2021 all-time high (ATH) resistance level. The price is now moving toward this resistance, aiming for a breakout. Currently, BTC is trading above the 100 and 200-day EMAs on the daily chart. If the price breaks above the rounding bottom pattern, a strong bullish move can be expected.Trade active
BTCUSDT Price broke rounding bottom pattern.
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🚀Telegram : t.me/hexatrades
🌐Website: hexatrades.io/
🗣️Twitter(X): twitter.com/HexaTrades
🌐Website: hexatrades.io/
🗣️Twitter(X): twitter.com/HexaTrades
Related publications
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.