BTCUSDT dropped from a key resistance level of 66000 and now moving towards a support zone around 59000. There is also a formation of a parallel channel. To support this argument we can see there is also a formation of Harmonic's pattern AB=CD, projection also lies at the support zone. Now the better strategy is to wait for some key area where bull's sentiments can combine with the price action. Good Luck!
Trade active
THE TRADE PLAN IS ACTIVE NOW WITH STOPLOSS 57000.Note
PRICE REACHED AT FIRST TARGET 60700.
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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.