}
Hello All,
Previous Post BTC/USD .......Live Chart - Technical View
What is happening in the current live market?
This is a 15-minute candle chart.
As mentioned in the previous post, in the above current live chart we can see that the price action has crossed the downtrend red line which indicates that the trend might have changed now and can go upside now.
But, we can also see that there are two resistances that are already available which are very close to the current level point. The price action is to keep trying to break the 1st resistance but got getting sufficient support to pull up.
Once it is successfully cross the 2nd resistance, it will easily go to the high point again and might go upside more.
For the safer side, we can take a buy call once it is successful cross and close above the 2nd resistance.
Take your call, happy safe trading.