Bitcoin – Trade Setup ✅
Bitcoin / TetherUS BINANCE:BTCUSDT
Let’s see how BTC is behaving.
This is a 1H chart. (Short Term)
BTC is moving sideways between the support and resistance area.
It was rejected one time after the bounce.
Two resistance areas are pushing down on price, and two support areas are holding the price up.
The RSI shows that BTC is above the 50 levels, the center.
If you want to know how the RSI indicator works, take a look at this Educational Idea. It’ll help you have better readings:
Current Market Price: $30032
Let me know your ideas.
Good luck.
