BTCUSDT Holds Steady in a Downtrend – But Long-Term Growth Still in Sight
BTCUSDT is currently trading around 68,045 USDT, continuing its downward trend. However, in the bigger picture, the coin remains within an ascending channel, hinting at the potential for future gains.
From a technical perspective, I’m watching closely for a buying opportunity as the price approaches the lower boundary of this parallel channel.
What about you? Do you see the same potential setup?
BTCUSDT is currently trading around 68,045 USDT, continuing its downward trend. However, in the bigger picture, the coin remains within an ascending channel, hinting at the potential for future gains.
From a technical perspective, I’m watching closely for a buying opportunity as the price approaches the lower boundary of this parallel channel.
What about you? Do you see the same potential setup?
Trade closed: target reached
.Note
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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.
Related publications
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.