BTCUSDT Perpetual ContractUpdated

30/8 BTCUSDT - SHORT TERM

BTC has reclaimed the uptrend as recovery period. so we can expect 21k - 21.4k would be a reasonable resistance to continue the bear trend.

I am recommending to set a short position located at 20,974 - 21,431 and target 17.6k.

Further update will be provided.

So I recommend to open a long position at 20,100 to the position I have mentioned.

will see.
Note
Long Position shall be opened. and Cutloss would be at the low of previous wave which is 20,071.
TP1/ 20974
TP2/ 21431.5

I recommend you not to keep your position at 21.4k or higher. the risk is a bit high imo.
Note
CL and wait for a better position.

Disclaimer