BTC/USDT (Good Sign of Strength?) for BINANCE:BTCUSDT by PolarHusk

💎Technical Analysis Summary💎


-Bitcoin is showing signs of strength today

-As the price respected the 9MA in the daily chart

-It also confirmed support of around 48k dollars

-If we want to see a more Bullish scenario

-BTC has to break above the trendline resistance

-And hold for a few days to invalidate the potential fake out

-We still have few hours left before this candle closes

-The weekly candle will potential show a good sign

-To invalidate the previous bearish engulfing weekly candle

-I think we will have more sideways trading action this week

-This will give a good oppurtunity for the Altcoins

-Stay healthy and always plan your next trade setup

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