AlgoTrader_Pro

AlgoTrader_Pro

This chart presents a technical analysis of the BTC/USDT perpetual contract, highlighting a crucial resistance zone that may influence future price action. Observing the price movements and applying technical indicators, it appears that the market is approaching a substantial resistance area. If the price does indeed encounter rejection at this level, we may see a...

AlgoTrader_Pro

There appears to be some downward momentum, evidenced by a bearish RSI divergence in the one-day timeframe of MSFT. A potentially good trade strategy might be to initiate a short position at the 50 EMA, with a target to exit at the midpoint between the current resistance and support.