BTCUSDT as the volatility drops in the pair we can see some consolidation at key support levels and a struggle at the Ichimoku cloud to stay above it. The 50 EMA Slowly coming together with the candles to balance out for a move forward.
A downtrend line leading the pair down needs to be broken for a long term move and to keep an eye on the resistance level.Also watch down trending triangle breakout as a possible variant.
Target point for a breakout is 5086.
A downtrend line leading the pair down needs to be broken for a long term move and to keep an eye on the resistance level.Also watch down trending triangle breakout as a possible variant.
Target point for a breakout is 5086.
Comment:
broke above the resistance.
Comment:
need to break that support and hold above it as support.
