Hello everyone,
Here is a quick update of USDT.D in shorter TF.
USDT.D seems to be trading inside this bearish triangle. A strong rejection from the upper resistance could be seen from the chart. Daily chart confirms the candle close below 200MA which has certainly triggered BTCUSDT to $65k.
Also, we have seen a pullback to $62k as a retest. Further retest could be if USDT.D tends to touch 200MA or a bounce from the support trend line. And if there is a further breakdown from this triangle, we could possibly witness a rally.
Happy Trading!!
Here is a quick update of USDT.D in shorter TF.
USDT.D seems to be trading inside this bearish triangle. A strong rejection from the upper resistance could be seen from the chart. Daily chart confirms the candle close below 200MA which has certainly triggered BTCUSDT to $65k.
Also, we have seen a pullback to $62k as a retest. Further retest could be if USDT.D tends to touch 200MA or a bounce from the support trend line. And if there is a further breakdown from this triangle, we could possibly witness a rally.
Happy Trading!!
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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.
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.