BINANCE:BTCUSDT   Bitcoin / TetherUS
Looking to enter a long trade when the price of Bitcoin reaches the level of $24,842, which I believe is a level of strong resistance. The price I expect to push even lower after reaching this level, until it encounters more resistance on the volume range profile. Additionally, the Tom DeMark Sequential indicator also signals resistance in this area, which further supports the idea.

Time will tell as we grid downward.

Disclaimer

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.