BTCUSDT has been trading in downtrend from last 1 year.
The price has broken below major support zones.
Currently the price has also broken below an important support zone (17600-18000).
The price has made a low of 15600.
The price printed bullish candles on above mentioned low level and bulls took charge from support zone .
The price has broken above the falling channel and currently it is trading above it.
The price has been in tight consolidation from last 4 days.
The price on shorter time frame has formed a bullish pennant.
The channel breakout and bullish peanut has a target of 18000-18200.
Trade your levels accordingly.
The price has broken below major support zones.
Currently the price has also broken below an important support zone (17600-18000).
The price has made a low of 15600.
The price printed bullish candles on above mentioned low level and bulls took charge from support zone .
The price has broken above the falling channel and currently it is trading above it.
The price has been in tight consolidation from last 4 days.
The price on shorter time frame has formed a bullish pennant.
The channel breakout and bullish peanut has a target of 18000-18200.
Trade your levels accordingly.
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