Bitcoin / TetherUS
Updated

BTC/USDT broke the re-test of trend!!!

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Hey guys 👋

How did your trades go guys? If you ask us we did not expect the price of BTC to break that re-test zone but it did so here we are with fresh look. Well first thing we notice is that EMA200 and trend have been broken and secured so nothing here is stopping currently the price of BTC - so until $25K we would not even look at opening any position on BTC if we are talking about leveraged trades.

But what do you think guys:
We have here 3 different zones where BTC can go ($30500 zone, $18800 zone and $12500 zone) Which one are you waiting the most?

Well it is early to say if this drop will happen or not but let's see how stock market will start the week.

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Yours Sincerely,

Swallow Team 🔱


Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
Trade active
We are back to BTC on a bigger scale, and as it seems, we had the scenario of going towards $18800 and getting pushed there towards that $30500 zone.

Price has reached currently $29200 zone where it got suppressed by sellers but on bigger picture we still might touch that upper zone before going back to hunt those lower levels

Cheers

Swallow Team
Note
Reaching this upper zone - was that the final confirmation for a drop that we have been talking about?? Any thoughts?

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