BTCUSDT is forming a rather interesting pattern. The coin continues to consolidate in the range between 31460-28750. Testing the resistance of consolidation only showed us the presence of a downward channel. Thus, a limit resistance zone was formed, which did not allow the price to go beyond 31460.
At the moment, the price is trading after a pullback near the support. Above the resistance of the descending channel, and the situation is such that the price can roll back from the support to the trend line. But the medium-term situation is falling.
I think that the price may just start falling from the resistance zone. The short-term goal is to support consolidation. Medium term goal - global support level 25700
Sincerely, R. Linda!
At the moment, the price is trading after a pullback near the support. Above the resistance of the descending channel, and the situation is such that the price can roll back from the support to the trend line. But the medium-term situation is falling.
I think that the price may just start falling from the resistance zone. The short-term goal is to support consolidation. Medium term goal - global support level 25700
Sincerely, R. Linda!
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NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: t.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: t.me/RLindaSignals
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🌹TRADING is a CASINO💔!?
NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: t.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: t.me/RLindaSignals
NO‼️
Join me, I'll guide you to PROFITABLE TRADING💵!
(don't copy, click on the links!)
🟢Telegram Channel: t.me/RLindaTrade
🧿 Web: rlinda.com
🔴Contact: t.me/RLindaSignals
Related publications
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.