USDT.D has closed above PSH at 5.51%, which warrants caution. However, I’d like to wait for the weekly close to confirm the direction USDT.S is headed toward. That said, we’ve now taken the 5.6-5.7% level I mentioned last week in my idea, and this should provide enough liquidity to target downside levels. If we overshoot and wick, keep an eye on the 6.1-6.2% level as our next liquidity target, which will likely align with BTC’s 68K-72K range. On LTF and MTF, there’s not enough liquidity left in the current range, and I think if we go down, we’ll see a smooth ride until 4.35%
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We've now hit our level 6.1-6.2% perfectly! Disclaimer
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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.