BTC/USDT (Short-term Bear Triangle✔️)

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💎Technical Analysis Summary💎


BTC/USDT


-Regarding my previous BTC update, we saw multiple bearish price action
-Today, the triangle is confirmed with a downward market direction
-I don't know how far down Bitcoin can continue
-So if you want to play on the safer side, please wait for any reversal signs
-Trading altcoin on spot market is at high risk for the past few weeks
-Please respect your stop loss and only allocate a small position size per trade
-This is not the time to be aggressively but it is the time to be defensively
-To protect your trading capital when the market condition is not in your favor
-Will post new update on higher timeframe next time
-Good luck and stay safe everyone!





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