Bitcoin / TetherUSUpdated BTCUSD analysis in 4H tf
It is a downward trend and it needs a pullback. The prices move very weakly.
As a result, if Sharpy moves towards a pullback, we have to wait for evidence of weakness for the price to drop, otherwise, we can consider the resistance of 23250 as an upward target.
For the next month, lower prices are expected in a downward trend (20k).
have a good week
As a result, if Sharpy moves towards a pullback, we have to wait for evidence of weakness for the price to drop, otherwise, we can consider the resistance of 23250 as an upward target.
For the next month, lower prices are expected in a downward trend (20k).
have a good week
Trade closed: target reached
Note
Resistance: 24800Important area
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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.