BTC/USDT (Testing Previous Trendline)

💎Technical Analysis Summary💎


BTC/USDT

-Bitcoin is now testing the previous trendline resistance
-If this area of confluence turn into new support in the next few days
-Then BTC will have a higher chance of going back above 40k dollars or higher
-On the bearish side, if a daily candle closes below this support region
-Potential test of weekly support level around 35k is likely to happen
-A very crucial for the overall crypto space this week
-So I'm only taking 1 trade at a time to reduce my risk exposure
-I hope many are also following strict risk management and trading disciple
-Good luck everyone and stay safe!




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