Hi everyone, here is my TA on BTC/USDT on a 4h TF July 16, 2021 7:25PM
- Market has formed a Symmetrical Triangle - Broke down below trend line - Retest the lower trend line and got rejected - Retest the support around 32k and got rejected - 32k support turned to resistance and pushing down further - Personally, I think the final test would be 30k - if we break 30k, I'm expecting a 20ish levels
That's it guys! Take care! NFA, DYOR & TAYOR. Goodluck!