BTC trend change in weekly time frame

31 Eki 2023

BTC/USD weekly chart. It has entered uptrend. EMAs show trend change to positive. The Blue line is an important trend line. Cup an Handle break out has already happened. Now resistance will be seen at the red line and support at the green line. These levels may seem far apart but the volatility of the crypto market warrant us to keep deeps stop loss levels. Disclaimer: This is not a recommendation. Do your own research before investing.