TcholaTrader

BTCUSDT - 1h chart analysis

TcholaTrader Updated   
BITTREX:BTCUSDT   Bitcoin / Tether
Watch the breakout of this current pattern, if the 7k level doesnt hold probably BTCUSDT to 6k~5k, if bounces it will retest 7,8k~8,2k.
Comment:
BROKE DOWN AND RETESTED 23,6 LEVEL
Comment:
1h UPDATE

Comment:
DAILY UPDATE

Comment:
Be careful, crossed the cloud so easily, so its sshowing some bearish signal there too.
Comment:
Daily we're entering the oversold zone again, so the real bounce must be near.
Comment:
But there is also the death cross at the daily chart, so be careful.

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.