Hi there,
BTCUSDT has the potential to make a minor correction and pull back up to 100,114.80 and 101,976.57.
There are strong mixed signals. The price is trending bullish, but the broader market remains bearish. The 93,346.20 level supports bullish price momentum, but it is confronted by overall bearish market sentiment.
Conclusion: BTCUSDT is currently trading on sentiment, presenting a complicated scenario that is best considered neutral.
Happy Trading,
K.
Disclaimer.
This is merely a setup that I share; do your own research or speak with a financial advisor. It is not financial advice.
BTCUSDT has the potential to make a minor correction and pull back up to 100,114.80 and 101,976.57.
There are strong mixed signals. The price is trending bullish, but the broader market remains bearish. The 93,346.20 level supports bullish price momentum, but it is confronted by overall bearish market sentiment.
Conclusion: BTCUSDT is currently trading on sentiment, presenting a complicated scenario that is best considered neutral.
Happy Trading,
K.
Disclaimer.
This is merely a setup that I share; do your own research or speak with a financial advisor. It is not financial advice.
Trade closed manually
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.