BTC/USDT(1W); Weekly candle closure
Hello everyone
Bitcoin, after stabilizing at 48,000, is now at $ 49,000
The next resistances are 50,000 to 52,000.
The weekly time frame will close one more day a week, and we will have to wait for the market to react to the impending resistance, given that the shape of candlesticks and trading volume have also decreased.
If we cross the resistances, 54,000 and 58,000 are the next resistances.
Take a look at the(4hr):
In the 4hr time frame, we see a pattern of Double top.
Returning to the neckline, it continued its downward trend to $ 44,000 and was supported.
If price does not cross the 49,000 resistance, he can test $ 47,000 again.
Thank you for your attention, don't forget to like and comment
Bitcoin, after stabilizing at 48,000, is now at $ 49,000
The next resistances are 50,000 to 52,000.
The weekly time frame will close one more day a week, and we will have to wait for the market to react to the impending resistance, given that the shape of candlesticks and trading volume have also decreased.
If we cross the resistances, 54,000 and 58,000 are the next resistances.
Take a look at the(4hr):
In the 4hr time frame, we see a pattern of Double top.
Returning to the neckline, it continued its downward trend to $ 44,000 and was supported.
If price does not cross the 49,000 resistance, he can test $ 47,000 again.
Thank you for your attention, don't forget to like and comment
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