XBTUSD.P
pumped by 15% on the daily and is on resistance.
Looks strong:
* volumes are growing
* tether Mints $180M New USDT For ‘Inventory Replenishment’
* decoupled from S&P500 which SPX only +0.47%
But I'm short from ~$6224 with tight stop - targeting $5900 - $5700 as support. Because we're on the resistance and I don't think that we will break it with the first try
Information is just for educational purposes, never financial advice. Always do your own research.
Looks strong:
* volumes are growing
* tether Mints $180M New USDT For ‘Inventory Replenishment’
* decoupled from S&P500 which SPX only +0.47%
But I'm short from ~$6224 with tight stop - targeting $5900 - $5700 as support. Because we're on the resistance and I don't think that we will break it with the first try
Information is just for educational purposes, never financial advice. Always do your own research.
Trade closed: target reached:
BTC pumped further, took the loss -2%, trade closed