BTC/USDT (Strength is Coming Back?)

💎Technical Analysis Summary💎


BTC/USDT


-Bitcoin finally broke above the trendline resistance
-on the 5th retest, the strong resistance has been a breach
-But before this strong move of BTC, there is a double bottom pattern
-BTC bounces twice at 45k support region and pushes as high near 50k
-If we want to see the bulls continue, the current price level must hold
-Or a good retest somewhere 48k-47k area and consolidate to form a base support
-If this bullish scenario played out, expect a potential upside move up to 52k
-From the 52k level, we will have to re-evaluate any potential continuation pattern
-For now, things are looking good in the coming days
-I'll start updating my watchlist for new swing trade ideas
-Good luck everyone, I hope we can have good trading days before the year ends



⚠️Please always read the description⚠️

Thanks for donating 💰 via Tradingview coins ozzyman2 🙏🎉


``````````````````````````````````````````````
If you need help🙋 don't hesitate to
Send me a message here PolarHusk😊
``````````````````````````````````````````````
Trading Involves High Risk ⚠️
Not Financial Advice 💸
Exercise Proper Risk Management 💱
``````````````````````````````````````````````