BTCUSDT Global Trend
For a long time we were trading in an upward channel, during which we formed a rising wedge, as we know this figure signals a market reversal, in the current case it is a signal for a decline.
The nearest support zone is at the level of 10500 USDT, where we are likely to come in the near future, but it is possible that we can start growing from the current moment to the resistance line of the rising wedge.
Trading recommendation: I advise you to enter a trade in a flat or in accumulation.
The nearest support zone is at the level of 10500 USDT, where we are likely to come in the near future, but it is possible that we can start growing from the current moment to the resistance line of the rising wedge.
Trading recommendation: I advise you to enter a trade in a flat or in accumulation.
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.