Hello Community!
BTC/USDT is currently attempting to bounce from the major S/R zone (white line) shown on the chart. When looking at the daily timeframe, the RSI and MacD are very low. With the price also at support under these conditions, it can be a key area for a reversal. If entering a trade don't forget to use a stop loss. Don't trade with what you're not willing to lose.
Love it or hate it, hit that thumbs up and comment. It'll be greatly appreciated!
This is not financial advice.
Safe Trading Calculate Your Risk/Reward & Collect!
Simplicity Win
BTC/USDT is currently attempting to bounce from the major S/R zone (white line) shown on the chart. When looking at the daily timeframe, the RSI and MacD are very low. With the price also at support under these conditions, it can be a key area for a reversal. If entering a trade don't forget to use a stop loss. Don't trade with what you're not willing to lose.
Love it or hate it, hit that thumbs up and comment. It'll be greatly appreciated!
This is not financial advice.
Safe Trading Calculate Your Risk/Reward & Collect!
Simplicity Win