BTC/USDT (Short-Term Support & Resistance?)

💎Technical Analysis Summary💎


BTC/USDT

-Bitcoin bounces from 18k dollar region or previous trading action on candle body closed
-But faces rejection at EMA-23 with a long red wick candle with 7+ hours remaining before closing
-If we are going to plot a trendline we can see a potential triangle pattern until the 2nd week of July
-We might expect BTC to play inside this triangle until a market direction is decided
-Could be a short-term oppurtunity for the Altcoins or another bearish market continuation
-I did open a few trades recently but got stopped out at small losses and small wins
-I'll wait again for the next move and good condition for the altcoin
-Good luck everyone!






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