BTC/USDT 1 HOUR UPDATE

2022年2月22日

Welcome to this quick update, everyone.
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I also post altcoin setups on Spot, Margin, and Futures.

I have tried my best to bring the best possible outcome in this chart.

As I mentioned in my previous BTC chart that BTC will bounce from the $36500 support level and it bounced.
now, we are having $38000 and this blue line as resistance.

The first scenario- If BTC break and close outside this upper resistance of this bullish expanding Triangle then we can accept A bounce up to 40k.

The second scenario- If BTC got rejected from the upper resistance level of this expanding Triangle then we can accept a drop up to $35500. Let's wait and see how the market reacts in a few hours.

What's your thought on this?
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Thank you


#PEACE

2022年2月23日

ノート

#BTC is going as my first scenario it breaks out this falling wedge pattern now it is coming back to retest.
We have some local resistance of 21MA and 100MA let's see price can hold the MA or not.