BTCUSDT: Sell or Buy?
Updated
The BTCUSDT is once again trading below the resistance level of $52,000, mainly moving sideways around the price level of $51,866, highlighting a 0.03% increase for the day.
From the 4-hour chart, we observe that this coin has exhibited a double top pattern, and if it breaks below the support level of $50,600, the ultimate profit target that the market could aim for is at $43,000.
The strategy is to buy when the price declines in the short term, as long as the support level of $43,000 is maintained for BTC.
From the 4-hour chart, we observe that this coin has exhibited a double top pattern, and if it breaks below the support level of $50,600, the ultimate profit target that the market could aim for is at $43,000.
The strategy is to buy when the price declines in the short term, as long as the support level of $43,000 is maintained for BTC.
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