For the last week BTCUSDT has stayed more or less calm inside of its ascending channel on track to reach $5600. It has had one pullback that fell just outside the bounds of this channel before quickly rebounding back.
We expect one of two scenarios to happen in the immediate future:
1. BTCUSDT will retest its previous high of $5422 and be rejected, hover near this resistance for a while before pushing through.
2. BTCUSDT will lose steam around the middle of it's channel (about $5350) and make a lower low to 4700 - 4800 complete an ABC correction before it's 5th wave upwards.
We recommend setting buys around the 4700 - 4800 in case scenario 2 ends up occurring.
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To set laddered buys, stoploss and take profit simultaneously, and monitor your signals with alerts you can use: https://signalgroups.com
We expect one of two scenarios to happen in the immediate future:
1. BTCUSDT will retest its previous high of $5422 and be rejected, hover near this resistance for a while before pushing through.
2. BTCUSDT will lose steam around the middle of it's channel (about $5350) and make a lower low to 4700 - 4800 complete an ABC correction before it's 5th wave upwards.
We recommend setting buys around the 4700 - 4800 in case scenario 2 ends up occurring.
---
To set laddered buys, stoploss and take profit simultaneously, and monitor your signals with alerts you can use: https://signalgroups.com
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.