BTCUSDT in New Range

26 Oca 2023

BTCUSDT is currently in a new range. There was a breakout of this range but was not materialized and quickly fell back in the range. Currently the price is consolidating in this range. The price will try to touch the top of the range first before coming down or tries to break out again.

27 Oca 2023

Not

So the price touched the top of the range and got rejected from there. After that the price headed towards the low of the range. However, the price did not quite touch the range low but came quite close to it and bounced from there. But it seems that it is headed towards the low of the range one more time.