Bitcoin / TetherUSShort
BTCUSDT ready for a big drop!
Based on the chart, previously price dropped till 31000 and then a rejection have happened. Now price is reached to a resistance area(Which acts as support before) and the weakness on buyers is observable right now. However we can't see a strength on sellers at this moment but still it would be highly possible to see a bearish market for close future.
I prefer to keep watching this crypto and be seller when we find some proofs and enough sell signals.
Note: As always please take risk management rules into consideration before opening any position on the market.
Good Luck!
I prefer to keep watching this crypto and be seller when we find some proofs and enough sell signals.
Note: As always please take risk management rules into consideration before opening any position on the market.
Good Luck!
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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.
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.