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ForecastCity
Dec 8, 2020 1:55 PM

💡Don't miss the great sell opportunity in BTCUSDT Short

BINANCE:BTCUSDT60
Bitcoin / TetherUSBinance

Description

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Trading suggestion:
". There is still a possibility of temporary retracement to suggested resistance line (19074).
if so, traders can set orders based on Price Action and expect to reach short-term targets."

Technical analysis:
. BTCUSDT is in a range bound and the beginning of downtrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 40.

Take Profits:
TP1= @ 18484
TP2= @ 18257
TP3= @ 18025
TP4= @ 17407
TP5= @ 16340

SL: Break Above R2

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Trade well, ❤️
ForecastCity English Support Team ❤️
Trend AnalysisChart PatternsTechnical IndicatorsBTCBitcoin (Cryptocurrency)USDdollartetherusdtBTCUSDTbitcointether
Comments
Kamryn
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Thank you for sharing it 👍
ForecastCity
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@Kamryn, You're welcome! We're glad you liked it.
RossTyler
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Great info, thank you !
ForecastCity
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@RossTyler, You're welcome. we hope you enjoy it.
pillai80
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I have been following you for awhile, charts are always very accurate. looking forward to see how this plays out.
ForecastCity
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@pillai80, Thank you. Your feedback means a lot to us. We wish you the best of luck in your trades.
Kristalyn
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It's very helpful. Thank you.
ForecastCity
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@Kristalyn, You're welcome! We wish you the best of luck to you in your trades.
Josef_anderson
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Excellent charting! I will sell on break down of the uptrend.
Josef_anderson
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@Josef_anderson, It's on my radar. :)
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