BTCUSDT got a resistance a few days from now which made the cryptocurrency market bearish, Cryptos like LUNAUSDT, ANCUSDT, GMTUSDT etc. Got a huge dump in their price. But today BTCUSDT got a support at 29730.
Let's talk about the price action on BTCUSDT. In daily chart of BTCUSDT descending triangle pattern is forming which is a neutral chart pattern. But mostly it push the price downwards. But we have to wait to confirmation of the breakout. BTCUSDT is moving upwards but I think it is not the correect time to doing Long or Short on BTCUSDT.
I think price at 36000 with a clear breakout is a good point for buying BTCUSDT.
Thank You for giving me your precious time. I hope my analysis would have helped you.
Let's talk about the price action on BTCUSDT. In daily chart of BTCUSDT descending triangle pattern is forming which is a neutral chart pattern. But mostly it push the price downwards. But we have to wait to confirmation of the breakout. BTCUSDT is moving upwards but I think it is not the correect time to doing Long or Short on BTCUSDT.
I think price at 36000 with a clear breakout is a good point for buying BTCUSDT.
Thank You for giving me your precious time. I hope my analysis would have helped you.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.