BTCUSDT perpetual analysis MONTHLY
The monthly chart shows the likeliness of another manipulation at 17600. It is worth mentioning that the price tendency on each of the monthly, daily, and hourly charts is short. It could be dangerous to open a long position without a good signal. Especially if you do not implement a stop loss, you are asking for trouble. It might be safer to seek short positions in the lower time frames. Later I will share my analysis of the hourly and daily charts.
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.