Category: Tether (USDT)

BTC/USDT preparing for a move up

BTC/USD is moving in a falling wedge (bullish reversal pattern).

Two important things to watch for:
1. A breakout of the upper resistance of the wedge (area 9780 – 9820) will confirm a move up.
First target is the red downtrend resistance line where BTC got rejected a few days ago. We will at least retest it, so it will be a good place to lock in some profits …

This article was originally published on: The Tether Blog on