BTCUSDT likely to head down from hourly resistance around 68.3k
Here is a short idea. The price has bounced several times from hourly support but is likely to break it on the next drop. The price may hit hourly resistance HR1 first before that and then reverse from there triggering our short trade. The price is likely to go down towards the target of this trade around 68.3k. Lets see where it goes.
Note
The price reached to the HR1 from where our short was planned. The price got rejected there and reversed towards our target of the short trade. I think the price will soon find support and bounce where we look for a long
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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.