BTC/USDT update with long opportunity setup
- We can see on bitcoin chart, price broke last downtrend that started nearly at 52000, after breakout price retested on the breakout area twice nearly at 42000, also we have a big pullish engulfing 4H closure candle.
- On 15 min timeframe we can observe some interesting details, price broke last descending channel and formed a higher high in the market, So we can predict the price to retest on the breakout area and then we may have a big pullish movement to 45500.
- On 15 min timeframe we can observe some interesting details, price broke last descending channel and formed a higher high in the market, So we can predict the price to retest on the breakout area and then we may have a big pullish movement to 45500.
Comment:
Bought at 42000