My LONG STORY outlook about BTCUSDT :
1. Already meet the resistence, also you can look at the left, there are a little supply area
2. there are a Candlestick Pattern Bearish engulfing/outside bar with big volume and break the support
I assume that BTC will going to range 49662 - 48257. If BTC have a strong demand in that area and buyer are dominant, BTC can going up to rally again making Higher High Higher low. And if it fail have a potential making a lower high lower low to 46447 and sideways.
My suggestion to you if you want to entry the market, just find a good posisition. You can use Chart pattern, candle pattern, divergence and many more. Don't just look the outlook and then you think you can sell right now. Find a good set up first, then entry. Also use a good MoneyManagement.
nb: But remember, BTC still moving in bullish trend. and now just "rest" before rally again.
cheers
-NFA-
1. Already meet the resistence, also you can look at the left, there are a little supply area
2. there are a Candlestick Pattern Bearish engulfing/outside bar with big volume and break the support
I assume that BTC will going to range 49662 - 48257. If BTC have a strong demand in that area and buyer are dominant, BTC can going up to rally again making Higher High Higher low. And if it fail have a potential making a lower high lower low to 46447 and sideways.
My suggestion to you if you want to entry the market, just find a good posisition. You can use Chart pattern, candle pattern, divergence and many more. Don't just look the outlook and then you think you can sell right now. Find a good set up first, then entry. Also use a good MoneyManagement.
nb: But remember, BTC still moving in bullish trend. and now just "rest" before rally again.
cheers
-NFA-
Trade closed: target reached:
1st target reach. see what the next
Comment:
BTC Already Breakout and will making HH HL