MrXade

BTCUSDT perpetual analysis DAILY

BINANCE:BTCUSDT.P   Bitcoin / TetherUS PERPETUAL CONTRACT
It is apparent on the daily chart that the price tendency has become uptrend. A buy zone has formed at 19600 due to price testing of the Jump Over Creek (JOC) bar. I expect the price to get back to that buy zone and show a reaction by bouncing up.
Make sure to implement a stop loss in case of entering any position. Good luck!

Sam Veisi

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.