BTCbrain

Weekly Support & Resistance Zones for BTCUSDT on Binance (12/23)

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS
BTCUSDT made a huge reversal on December 18 and reached the 7375 resistance level on the same day. The pair was trading below the resistance level for three days after that but made a sizeable upward move yesterday (December 22) and closed above the resistance area. The previous 7375 resistance level has now turned back into a support level. If this short-term bullish trend continues, BTCUSDT may be heading to the next resistance level, which is at 8275.

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