BTC/USDT - SHORT
The price was expected to drop after the emergence of a selling momentum at at 51K after it was in the previous days in a strong upward movement, and whoever moved in sideways channels indicates the stopping of the buying force and the beginning of the exchange of roles between buyers and sellers.
Now I share this deal with you after drawing a red area as a strong barrier and a sale area.
The target for the previous support zone was calculated in order to increase the probability of a correct exit from the trade, as shown on the chart.
If you have any questions, I will answer them in the comment below.
Manage your risk and don't forget to :
--> FOLLOW ME FOR MORE ANALYSIS <--
Now I share this deal with you after drawing a red area as a strong barrier and a sale area.
The target for the previous support zone was calculated in order to increase the probability of a correct exit from the trade, as shown on the chart.
If you have any questions, I will answer them in the comment below.
Manage your risk and don't forget to :
--> FOLLOW ME FOR MORE ANALYSIS <--
Trade active
Trade active:
update 2
The price broke the last support formed by double tops
The price broke the last support formed by double tops