XBTUSD Free trading setup

#Bitcoin #XBTUSD #1hr
- Here is XBT 1hr. Right now we have to pay attention to whether we will break the orange up trendline above or break the black channel below.
- XBT is being resisted by the orange trendline and at the same time, it is being supported by the bottom of the black channel.
- I think a big movement is going to emerge soon so we need to monitor which direction it is going to break.
- If it breaks the orange trendline, it is most likely to test the bottom of the red channel.
- If the trendline break away gets confirmed, we can expect some major support at 9550~9630 and 9340~9420. In a shorter term, 9695 is also considered as a support line so those who like to take a risk can enter long here with a tight stop loss.
- On the other hand, if XBT breaks the top of the black channel, we can expect resistance at 9920~9990 and 10060~10130.
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