SHORT BTC will help you to make some quick money expecting a pull back soon.
Try to open a small trade to minimize the risk
Try to open a small trade to minimize the risk
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The US Dollar has broken down from a descending triangle pattern following a strong rejection at the resistance trendline.
The Ichimoku Cloud is acting as a resistance barrier above the price action. This setup suggests the potential for further downside in the US Dollar.
It's important to acknowledge its inverse relationship with the crypto market.
The Ichimoku Cloud is acting as a resistance barrier above the price action. This setup suggests the potential for further downside in the US Dollar.
It's important to acknowledge its inverse relationship with the crypto market.
#BTC/USDT
On 1W chart we can see that Head and Shoulders pattern which has been formed over the 4 years has broke out and retested neckline and currently bouncing off it. This theory is invalidated once weekly closes below $75,5k.
On 1W chart we can see that Head and Shoulders pattern which has been formed over the 4 years has broke out and retested neckline and currently bouncing off it. This theory is invalidated once weekly closes below $75,5k.