This is a 1D frame analysis for BTCUSDT As we can see, the price has been progressing as per our previous analysis and has activated our entry zone and we are still in profit. However, currently the price is in our neutral zone and is fluctuating within the channel. If it can maintain itself within this zone over the next few days and some positive candles are formed, it can once again start to move upwards. Alternatively, if it fails to stay above the support line and falls below the complete support line, it can move towards our second support line. And if it can completely settle above the first resistance line, it can start to move towards our second resistance line.
Comment:
This is a 1D frame analysis for BTCUSDT We expected Tether to bring its price to the range we had in mind, and unfortunately it was not able to establish itself above our resistance line at the moment. We expect that if it loses its current support zone and settles below it, it will start to move towards our next support zone.