BINANCE:BTCUSDT   Bitcoin / TetherUS
Dear Patrons,

The BTCUSDT is still showing a bearish move and is hoping to continue its downward trend.

Two strong support areas have been marked.

Following that, three points of resistance are identified.

The Stoch RSI is indicating that the market is oversold but it will keep this trend continuing. 

The MFI is indicating that the market is in a downtrend.

Most other coins will follow the bitcoin trend.

It is still a good time for traders who love to trade short.

This idea is for educational purposes only. Feel free to share your ideas in the comments.

Remember me in your prayers.
Good Luck

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.