Crypto Chart Review BTC/USDT
Peace
I hope you are doing well this morning. The price of the token presented below on the weekly chart is going to be reviewed in a short description below. Never invest more than you can afford to lose. The opinions given in this article are only for educational purposes. Please I recommend you to conduct thorough research on the crypto you are targetting before any action in this volatile market.
--
--
The price on the weekly chart describes the evolution of Bitcoin tokens against USD theater "USDT" one candle at a time. The prices of BTC are moving down and located as I am writing this article around 32135 USDT. The red and green lines between that range of prices represent resistance lines which indicate the token value trend the moment one of the lines is crossed. It appears that BTC value is steadily losing value since the month of May 2021. The moving average will confirm this reduction of BTC value whether or not there will be a cross of the two curve line next week. I expect the market will react and prove me wrong otherwise, hold your bag of BTC as the prices dive.
Thanks for reading this post and spending some time exploring content available on the blog.
If you haven't played Splinterlands, check-in for free here my referral links
The official telegram group Splinterlandstelegram
--
Please share with us in the comment section whatever suggestions or questions you would like me to consider for the improvement of this series of crypto prices analyses.
Warm regards
--
Thank you