#BTCUSDT 1D

18 Mei 2023

Hello dear friends! Based on the technical analysis on the daily timeframe, there has been a break in the ascending structure. Currently, there is a planned rebound towards the zone of 27600-27900+-. If the bears successfully defend this zone, we can expect further decline with a target around 24500-23700. For now, I am not considering a reversal to the upside. We can only discuss a resumption of growth after the zone of 27600-27900 is breached, and even then, after additional analysis. For now, I will wait for a short opportunity in this zone. Set a tight stop loss and aim for a favorable take profit. Wishing everyone profits and until next time!