BTC USDT - Ascending Channel On 2hr Timeframe - Investment - Nairaland
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| BTC USDT - Ascending Channel On 2hr Timeframe by bluebellfx: 2:24pm On May 17, 2022 |
Hello traders, i hope your week is going well... Here is another chart breakdown on BTC USDT... On the weekly chart, the pair has been on a downtrend for sometime and currently struggling at the support (on weekly timeframe). A careful look at the 1hr to 4hr time frame, there is an ascending channel and that indicates a trend continuation. Currently targeting the resistance as marked on the chart... Stop loss above resistance...
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