As mentioned in previous update that BTC is facing trendline r | CRYPTOLOGY
As mentioned in previous update that BTC is facing trendline resistance on daily and we need a breakout for further move and BTC rejected right from the trendline and also break the strong support of 28k region
If we see BTC on weekly time frame the lower trendline is acting as strong support for it which is aligning around the 26k level.The 26k region is the strong support level for BTC for the bullish momentum BTC needs to hold this region
USDT.D also taken a move right from the weekly demand zone now it is approaching to the weekly trendline resistance level for where we can expect a rejection which will be a positive sign for the market
In the end
. BTC needs to hold the 26k region for the bullish move in coming days . If the 26K level breaks then BTC will go to the lower level . USDT.D needs to reject from weekly resistance if rejects market will move upside . If USDT.D breakout the weekly resistance market will bleed . Trade cautiously with tight Sl as things are not clear
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