BTCUSDT has had quite a bearish move down in the past 4 days.
Right now we are at a mid range support (35K) and holding up in the ichimoku cloud.
Volume is quite low, if buying pressure could enter at this point a possible PUMP could not be discarded.
This could also be a false breakdown of the build up against resistance, if we get back against resistance again, we could surely breakout.
Right now I would be cautious, but this could be a pretty good level to buy.
Right now we are at a mid range support (35K) and holding up in the ichimoku cloud.
Volume is quite low, if buying pressure could enter at this point a possible PUMP could not be discarded.
This could also be a false breakdown of the build up against resistance, if we get back against resistance again, we could surely breakout.
Right now I would be cautious, but this could be a pretty good level to buy.
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.
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.