BTCUSDT: Are we are in a bull or bear trend?
📍 Hello traders, today we are looking at
BTCUSDT
4h chart in order to identify what is happening to BTC and the whole market right now. It seems that BTChas found its pace and it moves forward the resistance of $31500.
📍 Trading at $30500 is happening right now which is above the support level of $29800. The chart shows that we are in an upward trend and we are going to hit sooner or later the resistance level mentioned above. The date range indicates that this will happen at the maximum of 5d from now.
✔ Recommended trading strategy: LONG for the next 5 days or until we hit the support level of 31500 where this will be a new milestone for Bitcoin.
⚡Please hit the like button and
⚡Leave a comment to support our team!
RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
BTCUSDT
4h chart in order to identify what is happening to BTC and the whole market right now. It seems that BTChas found its pace and it moves forward the resistance of $31500. 📍 Trading at $30500 is happening right now which is above the support level of $29800. The chart shows that we are in an upward trend and we are going to hit sooner or later the resistance level mentioned above. The date range indicates that this will happen at the maximum of 5d from now.
✔ Recommended trading strategy: LONG for the next 5 days or until we hit the support level of 31500 where this will be a new milestone for Bitcoin.
⚡Please hit the like button and
⚡Leave a comment to support our team!
RISK DISCLAIMER:
Trading Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
Trade active