BTC/USDT Analysis
I attempted a breakout trade on the descending channel, but unfortunately, I got stopped out. The price initially showed signs of breaking above the channel, but the resistance held, leading to a pullback. Despite the stop-loss hit, I’m still watching for a potential bullish move. If the price reclaims the breakout level with strong momentum, I’ll consider re-entering for a long position. Confirmation with volume and a higher high would strengthen the bullish case."
Let me know if you want any modifications! 🚀
Let me know if you want any modifications! 🚀
"🤖 Smart Trading Bots | 🚀 Advanced Market Analysis & Strategies | Helping You Trade Smarter, Not Harder!"
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.
"🤖 Smart Trading Bots | 🚀 Advanced Market Analysis & Strategies | Helping You Trade Smarter, Not Harder!"
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.