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#BTCUSDT 2H Chart update After bouncing many times from the s | Universal Crypto Signals Pro

#BTCUSDT 2H Chart update

After bouncing many times from the support line, price finally broke through it and is ranging in a descending channel. MACD is showing small bearish momentum, RSI is sold and price is back below EMA ribbon. Once price breaks out the resistance line, we would be aiming first for the resistance at 62.2k, until then we would wait and see price's reaction on the 59k level.

https://www.tradingview.com/x/b1lGR2a3/