Hello, Traders!
Monfex is at your service and today we overview BTC/USDT.
Classic behavior for this flag pattern and we have the target of $ 6900 - 6750 zone. But we can see by RSI a bullish divergence that can push this price to the resistance zone and from it will be supposed a good moment to short!
Share your thoughts, ideas about the market under the chart.
Watch for our Updates to be the first who gets well-timed signals !
GOOD LUCK AND LOTS OF PROFITS !!
Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
Monfex is at your service and today we overview BTC/USDT.
Classic behavior for this flag pattern and we have the target of $ 6900 - 6750 zone. But we can see by RSI a bullish divergence that can push this price to the resistance zone and from it will be supposed a good moment to short!
- The resistance zone ~ $ 7730 - 7800
Supposed Trade Signal by BTC/USDT
- Sell near $ 7750
- Take profit ~ $ 6900
- Stop loss at $ 8050
- Market Cap
$134 538 838 618 USD
- Volume (24h)
$22 122 134 461 USD
- Circulating Supply
18 010 100 BTC
Share your thoughts, ideas about the market under the chart.
Watch for our Updates to be the first who gets well-timed signals !
GOOD LUCK AND LOTS OF PROFITS !!
Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
Comment:
1D & 1W charts
