AneelaT

BTC/USDT - Possible bearish XABCD formation! BULLS ARE BACK!

Short
AneelaT Updated   
BINANCE:BTCUSDT   Bitcoin / TetherUS
Considering the inverse effect of DXY its still not too late to short sell BTC.
Following my previous analysis of Double Top Reversal, BTC continues to drop further. Currently my analysis is based
on the inverse effect $ has on BTC. My biased is to take a safe short trade upto TP1 as marked.
Trade closed: target reached:
TP1 reached, waiting for btc to test support levels.
Do follow me :)
Trade closed: target reached:
Time to long, btc bounced from support zone!
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.