BINANCE:BTCUSDT.P   Bitcoin / TetherUS PERPETUAL CONTRACT
#BTC/USDT
$BTC is inside ascending parallel channel, and broke out from middle line.

🐮 if price break out from ascending trend line that act as resistance it will head up to upper line of channel around $47k and $48k.

🐻 break down from middle line and ascending trend line that act as support, will drop price to lower line of channel around $41k.

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.