Rejection of range high on USDT D., if btc moves it moves now
- update on this analysis:
- usdt d. has been rather tricky to play, with support box holding a number of times
- with this latest upmove all upside targets on usdt d. have been met however and with the 2W star cross happening soon, if btc wants to break to the upside it should do so in the next 14 days
- projected target north of 140k should that happen
- usdt d. has been rather tricky to play, with support box holding a number of times
- with this latest upmove all upside targets on usdt d. have been met however and with the 2W star cross happening soon, if btc wants to break to the upside it should do so in the next 14 days
- projected target north of 140k should that happen
Trade active
Low time-frames show zero weakness so far and usdt d. is still bullish - downside risk for crpyto remains.
Trade closed: target reached
Rejection at range highs was only temporary, this is now looking like a proper breakout.
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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.