BTC/USDT has been in a downward channel that has recently pushed 64.65% hitting the current supply....
A correction is incoming and has failed to break the current supply. Once BTC breaks below my current trendline and retests this would be a great time to start finding short opportunities.
The first demand level is between $41495-$39450 if price falls below I have listed out the other three demand zones.
Always take profit when entering a demand zone good rule of thumb is the 25/50/75/100 rule!
As always look for high volume plays and strong price action before entering a trade.
Comment if you have any questions or if you agree/disagree!
This is not financial advice trade at your own risk.
A correction is incoming and has failed to break the current supply. Once BTC breaks below my current trendline and retests this would be a great time to start finding short opportunities.
The first demand level is between $41495-$39450 if price falls below I have listed out the other three demand zones.
Always take profit when entering a demand zone good rule of thumb is the 25/50/75/100 rule!
As always look for high volume plays and strong price action before entering a trade.
Comment if you have any questions or if you agree/disagree!
This is not financial advice trade at your own risk.