how I would trade this TWO Interesting charts of BTC/USDT.

how I would trade this TWO Interesting charts of BTC/USDT.

how I would trade this TWO Interesting charts of BTC/USDT.

Hi friends,

today I will help you to analyse these two BTC chart , which I shared yesterday.

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ok from this chart what are the information you get

price currently testing a weak support at around 57k , it s around 25% drop form the high.

if that level breaks , next price will test around 51k and then 43k

to become really bullish price should break 68k and establish above that.

from this chart we can wait for two scenarios.

first : price can go up move to meat 61k resistance then get rejected at upper trend line.

then come all the way down to 53k support and continue it journey to upside.

so you can decide whether to go long from here and take profit at 61k

or wait until it hit 53k then go long with a large position size.