FinTechMe

BTCUSDT Analytical review

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BINANCE:BTCUSDT   Bitcoin / TetherUS
The medium-term trend of the instrument is downward. The current market strength on a scale of zero to one hundred is 35.2. It is recommended to work on the sell side. Locally, the price is also decreasing and currently accelerating, breaking below the lower boundary of the rising channel at the level of 24630, which indicates a possible end of the correction and a resumption of medium-term decline. Speculatively, in the current situation, it is also recommended to work on the sell side. In case of a false breakout, a return to the rising channel and a consolidation above the level of 24630, it is possible to make speculative purchases with the goal of reaching the upper boundary of the channel at 25877.76. A change in the medium-term trend to rising can only be discussed when the price is consolidated above the level of 25250
Trade active:
BTCUSDT Analytical review.

The medium-term trend of the instrument is downward.
The current market strength on a scale of zero to one hundred is 35.2. It is recommended to work on the sell side. Locally, the price is also decreasing and currently accelerating, breaking below the lower boundary of the rising channel at the level of 24799.07, which indicates a possible end of the correction and a resumption of medium-term decline.
Speculatively, in the current situation, it is also recommended to work on the sell side. In case of a false breakout, a return to the rising channel and a consolidation above the level of 24799.07, it is possible to make speculative purchases with the goal of reaching the upper boundary of the channel at 26046.83.
A change in the medium-term trend to rising can only be discussed when the price is consolidated above the level of 25250.
Trade active:
The medium-term trend of the instrument is downward. The current market strength on a scale of zero to one hundred is 36. It is recommended to work on the sell side. Locally, the price is also decreasing and currently accelerating, breaking below the lower boundary of the rising channel at the level of 24917.42, which indicates a possible end of the correction and a resumption of medium-term decline. Speculatively, in the current situation, it is also recommended to work on the sell side. In case of a false breakout, a return to the rising channel and a consolidation above the level of 24917.42, it is possible to make speculative purchases with the goal of reaching the upper boundary of the channel at 26165.18. A change in the medium-term trend to rising can only be discussed when the price is consolidated above the level of 25250.
Trade active:
BTCUSDT Analytical review.
The medium-term trend of the instrument is downward.
The current market strength on a scale of zero to one hundred is 35.2.
It is recommended to work on the sell side.
Locally, the price is also decreasing and currently accelerating, breaking below the lower boundary of the rising channel at the level of 25035.77, which indicates a possible end of the correction and a resumption of medium-term decline. Speculatively, in the current situation, it is also recommended to work on the sell side. In case of a false breakout, a return to the rising channel and a consolidation above the level of 25035.77, it is possible to make speculative purchases with the goal of reaching the upper boundary of the channel at 26283.53.
A change in the medium-term trend to rising can only be discussed when the price is consolidated above the level of 25250
Trade active:
BTCUSDT Analytical review.
The medium-term trend of the instrument is downward. The current market strength on a scale of zero to one hundred is 28. It is recommended to work on the sell side. Locally, the price is also decreasing and currently accelerating, breaking below the lower boundary of the rising channel at the level of 23189.06, which indicates a possible end of the correction and a resumption of medium-term decline. Speculatively, in the current situation, it is also recommended to work on the sell side. In case of a false breakout, a return to the rising channel and a consolidation above the level of 23189.06, it is possible to make speculative purchases with the goal of reaching the upper boundary of the channel at 24361.04. A change in the medium-term trend to rising can only be discussed when the price is consolidated above the level of 24883.08
Trade active:
BTCUSDT Analytical review.
The medium-term trend of the instrument is downward. The current market strength on a scale of zero to one hundred is 28. It is recommended to work on the sell side.

Locally, the price is also decreasing and currently accelerating, breaking below the lower boundary of the rising channel at the level of 23265.05, which indicates a possible end of the correction and a resumption of medium-term decline. Speculatively, in the current situation, it is also recommended to work on the sell side.

In case of a false breakout, a return to the rising channel and a consolidation above the level of 23265.05, it is possible to make speculative purchases with the goal of reaching the upper boundary of the channel at 24437.03. A change in the medium-term trend to rising can only be discussed when the price is consolidated above the level of 24883.08.
Trade active:
BTCUSDT Analytical review. The medium-term trend of the instrument is downward. The current market strength on a scale of zero to one hundred is 28. It is recommended to work on the sell side. Locally, the price is also decreasing and currently accelerating, breaking below the lower boundary of the rising channel at the level of 23417.03, which indicates a possible end of the correction and a resumption of medium-term decline. Speculatively, in the current situation, it is also recommended to work on the sell side. In case of a false breakout, a return to the rising channel and a consolidation above the level of 23417.03, it is possible to make speculative purchases with the goal of reaching the upper boundary of the channel at 24589.01. A change in the medium-term trend to rising can only be discussed when the price is consolidated above the level of 24883.08.
Trade closed: target reached:
BTCUSDT Analytical review.
The medium-term trend of the instrument is downward. The current market strength on a scale of zero to one hundred is 28. It is recommended to work on the sell side. Locally, the price is also decreasing and currently accelerating, breaking below the lower boundary of the rising channel at the level of 22600.27, which indicates a possible end of the correction and a resumption of medium-term decline. Speculatively, in the current situation, it is also recommended to work on the sell side. In case of a false breakout, a return to the rising channel and a consolidation above the level of 22600.27, it is possible to make speculative purchases with the goal of reaching the upper boundary of the channel at 26176.84. A change in the medium-term trend to rising can only be discussed when the price is consolidated above the level of 24883.08.

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