Bitcoin / TetherUS
Long
Updated

BTCUSDT close to daily support, long term long is favorable here

284
The price has come close to the daily support zone which we talked for HTF analysis on the first drop on 5th June. The price is still a bit short of touching the daily support. So it might dip one more time to hit it formally. But lets see.
Note
The price has bounced well from the daily support zone as per our expectation.
snapshot

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.