BTCUSDT selling strategy still exists
Hello friends!
Just as I predicted yesterday, the bearish momentum of the BTCUSDT coin is still maintained as it forms a head and shoulders pattern on H1, in a potential bearish channel. It is currently trading at $63,087 marking a drop of 1.09% on the day.
Overall, in the current context, both fundamental and technical are signaling a downtrend, we are waiting for the price to retest the previous strong breakout support zone which is now a well-recognized resistance zone. Sell actively to protect against the wave of correction and sell-off, then aim for the round figure of 61,000 USD to regain market liquidity.
Just as I predicted yesterday, the bearish momentum of the BTCUSDT coin is still maintained as it forms a head and shoulders pattern on H1, in a potential bearish channel. It is currently trading at $63,087 marking a drop of 1.09% on the day.
Overall, in the current context, both fundamental and technical are signaling a downtrend, we are waiting for the price to retest the previous strong breakout support zone which is now a well-recognized resistance zone. Sell actively to protect against the wave of correction and sell-off, then aim for the round figure of 61,000 USD to regain market liquidity.
Trade active
Comment:
Trade closed: target reached
Comment:
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