Bitcoin / TetherUSShort
Current T.A Analysis of BTCUSDT
Updated
Hello and good morning!
The BTCUSDT outlook today:
BTCUSDT looks bearish on the H2 chart, with a potential target zone around 88767.25 and a bias towards 82500.
We have a supply zone at 97500, with bearish pressure at (C) resistance. If the price breaks through this level, it will nullify the setup. Additionally, above 100846.57 would be the ideal point for assessing the stop loss (SL).
* On the daily chart, the BTCUSDT is bullish overall, despite looking to be in a bearish retracement.
Happy Trading,
K.
Not trading advice.
The BTCUSDT outlook today:
BTCUSDT looks bearish on the H2 chart, with a potential target zone around 88767.25 and a bias towards 82500.
We have a supply zone at 97500, with bearish pressure at (C) resistance. If the price breaks through this level, it will nullify the setup. Additionally, above 100846.57 would be the ideal point for assessing the stop loss (SL).
* On the daily chart, the BTCUSDT is bullish overall, despite looking to be in a bearish retracement.
Happy Trading,
K.
Not trading advice.
Trade closed: stop reached
nasty, that got me ...looks like a total manipulation to me
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