PowerTrades

BTCUSDT Updates 20May

Short
BINANCE:BTCUSDT   Bitcoin / TetherUS
The upside move is nicely done and dusted. Looking for the Previous support zone here to act as a resistance for a downside push.
Locking in gains and some scalping shorts.
How deep we will go will determine the next leg of the move.
If we are above to hold into 40-38K areas, we will look to take out this pullback highs.

Refer to the previous two posts on the bearish n Bullish outlooks


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.