Hello traders!
Today, BTCUSDT is still moving according to the strategy of once again going through a correction phase and being limited below the Bollinger Band resistance level of 70,800 USD. However, overcoming this resistance remains a challenge and a goal.
Currently, BTCUSDT is currently trading steadily above the $68,580 support level where the price has reacted multiple times and there is still no trend reversal for the coin.
I still have strong faith in the downtrend this week after the recovery period mentioned on the chart. As long as the $70,800 resistance repels bullish price action, the $66,500 target is within sight. What are your thoughts on this perspective?
Today, BTCUSDT is still moving according to the strategy of once again going through a correction phase and being limited below the Bollinger Band resistance level of 70,800 USD. However, overcoming this resistance remains a challenge and a goal.
Currently, BTCUSDT is currently trading steadily above the $68,580 support level where the price has reacted multiple times and there is still no trend reversal for the coin.
I still have strong faith in the downtrend this week after the recovery period mentioned on the chart. As long as the $70,800 resistance repels bullish price action, the $66,500 target is within sight. What are your thoughts on this perspective?
Trade active
Trade active
Comment:
BTCUSDT quickly bought back the decline now that it is trading around the mentioned resistance level. What do you think about the selling strategy at the moment?
Trade closed: target reached
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