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CryptoRat_ZA
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BTC/USDT [ WILL $55K HOLD? ]
BTCUSDT
, 240
BTCUSDT: BTC/USDT [ WILL $55K HOLD? ]

Ever since around 19/04/2020 BTC/USDT has been actively range trading. The SUPPORT of the range lies at: $53K while the RESISTANCE lies at: $57 600. On the 4th of May 2021, the pair started forming a rising wedge pattern inside the range area. The pattern is oftenly seen as a bearish signal. The pair broke below the pattern and without wasting any time, dropped...

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