Hello, community members welcome to this BTC/USDT 2hr chart update by Domino crypto.
Don’t forget to hit the like button if you find this update helpful because this motivates me to bring this kind of update regularly.
Now, Let's get to the chart,
As we can see from the above-mentioned chart that BTC/USDT is currently trading inside the symmetrical triangle pattern.
At the current price level, BTC is trading above both MA which also works as a support.
Bullish cross-over is also evident in the above-mentioned chart.
Here I am expecting a break on this symmetrical pattern and bounce towards 32k. so, here we can long BTC/USDT for short-term gain and close position if any candle closes below the lower trend line.
INVALIDATION: candle close below the lower trend line support in the daily time frame will be the invalidation point of this chart analysis.
NOTE: This is not financial advice. This is for education purposes only. I am not responsible for the profits or losses you generate from your investments.