Market Update: As mentioned in the previous update that BTC i | CRYPTOLOGY

Market Update:

As mentioned in the previous update that BTC is facing resistance on weekly Tf and need a weekly closure above 38k for the bullish continuation but it failed to give the closure above and rejected right from the weekly resistance level.

If we look BTC currently it needs to hold the support level of 37k it is support level for the BTC. The 38K level on weekly will be the strong resistance level for BTC for the bullish momentum of BTC it needs to break the strong resistance level of 38k.

Now if we looks at USDT.D as mentioned in the previous update that it is in the strong weekly demand zone upside move from here is expected and same happened USDT.D moving from here currently USDT.D is facing EMA resistance lets hope that it rejected from this resistance levels.

As things are not cleared and market looks choppy we need to trade cautiously with tight Sl.