Possible Bullish Reversal.
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Dear Traders,
I trust you're doing alright.
BTCUSD is trading within a rectangle range and has broken out of the bearish trendline. This is the first sign of a bearish exhaustion and a possible bullish reversal. However, the Price must break and trade above the static resistance level at 26500 to confirm the bullish trend.
On the other hand, a break below the support level at 25,500 would signify a bearish continuation.
Please what do you think about BTCUSD?
Kindly like and comment below.
I trust you're doing alright.
BTCUSD is trading within a rectangle range and has broken out of the bearish trendline. This is the first sign of a bearish exhaustion and a possible bullish reversal. However, the Price must break and trade above the static resistance level at 26500 to confirm the bullish trend.
On the other hand, a break below the support level at 25,500 would signify a bearish continuation.
Please what do you think about BTCUSD?
Kindly like and comment below.
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