BTCUSDT has been in a long-term bullish trend and continues to maintain its upward momentum. Currently, the price is undergoing a minor pullback as it retests a key resistance level. Once it reaches the previous minor support zone, I expect the bullish trend to resume.
To take advantage of the next bullish move early, consider placing a buy limit order at that earlier minor support level. For proper risk management, set a stop loss slightly below the support area.
Everything is clearly illustrated on the chart provided.
To take advantage of the next bullish move early, consider placing a buy limit order at that earlier minor support level. For proper risk management, set a stop loss slightly below the support area.
Everything is clearly illustrated on the chart provided.
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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.