XBTUSD pumped by 15% on the daily and is on resistance. Looks strong:
* volumes are growing
* tether Mints $180M New USDT For ‘Inventory Replenishment’
* decoupled from S&P500 which
SPXonly +0.47%But I'm short from ~$6224 with tight stop - targeting $5900 - $5700 as support. Because we're on the resistance and I don't think that we will break it with the first try
Information is just for educational purposes, never financial advice. Always do your own research.
Trade closed: target reached
BTC pumped further, took the loss -2%, trade closed
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.
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.