BTC got rejected from the horizontal resistance and cleared stops below the ascending trendline support. Currently, it is trying to regain its position above the MA 100 and the Ichimoku cloud.
A candle close above them would confirm a bullish move. In case of a rejection and a sustained breakdown of the ascending trendline, a correction is also expected.
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BTC/USDT ANALYSIS
BTC got rejected from the horizontal resistance and cleared stops below the ascending trendline support. Currently, it is trying to regain its position above the MA 100 and the Ichimoku cloud.
A candle close above them would confirm a bullish move. In case of a rejection and a sustained breakdown of the ascending trendline, a correction is also expected.
#DYOR
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