CryptoTradersWW

BTC/USDT by CryptoTradersWW


There isn't much to report since the previous post, as BTC remains range-bound.

The lower border is now the monthly level (close) + year open, which should serve as a useful reference point.
One possibility I'm considering is a rapid wick below this level support, as I believe a lot of liquidity is concentrated in this area, followed by a reversal back up to the top of the range.
Expect volume to increase in the coming days as the holiday season draws to a close. More trading chances will be created as a result of this.

<———————————————>

Follow us on our socials for more!
Thanks and happy trading :)

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.