BTC/USDT AND USDT.D UPDATE:
BTC/USDT is in the crucial level it is in the same region from where we got to see a move up. This level is very important for identifying a clear direction of the market. BTC has a strong support level at 38760 level a FIB Golden Ratio also we can see a bullish bat at same level. Volume also looks good at this area and POC is also aligning here. We have a weekly closure in few hours for the bullish momentum we need a closure above 39776 Level.We have many sines for a reversal.
We have previously seen a move in USDT.D which is the reason we have seen BTC and Alts to bleed.Currently it is on the strong resistance area also we have an order block it has been rejected several times from here so we can expect a rejection if it doesn't break the strong resistance then it will not be good for the market.
Chances are that we may get to see some upward movement but it's always better to watch how the week opens up as market tends to be very volatile during these times.
@ChartsSignalstradi
