decklyndubs

BTC broadening on downtrend.

Long
BINANCE:BTCUSDT   Bitcoin / TetherUS
BTC has been blowing off some steam and is showing indecision in the current downtrend on a large broadening formation. Towards end of NYSE trading day today I got a long entry on the turtle soup. It was a bit harrowing - 23301 is the entry I'm holding. Under 23200 this looks really ugly but if it holds up I'm expecting a rally into asian market open. Good luck - the indecision makes it really hard to figure out a trade so keep it tight.

European markets are moving out of Euros so you have a good chance of a bunch of cash coming into crypto again.
Weekend will be very interesting.
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.