BTCUSDT : The uptrend channel is still in place.
BTCUSDT has experienced a decline as it approached the resistance level of 64,500 USD. However, looking at the technical picture, the uptrend remains steady, with the parallel price channel still intact and no signs of reversal from the 34 and 89 EMA.
With these carefully analyzed factors, we should consider re-entering buy positions when the price hits the lower boundary of the channel.
That said, this is merely a trading idea, so exercise caution. If the price breaks the channel, it’s time to shift your strategy to sell with the trend.
Wishing you successful trades! And don’t forget to share your thoughts on this analysis below!
With these carefully analyzed factors, we should consider re-entering buy positions when the price hits the lower boundary of the channel.
That said, this is merely a trading idea, so exercise caution. If the price breaks the channel, it’s time to shift your strategy to sell with the trend.
Wishing you successful trades! And don’t forget to share your thoughts on this analysis below!
Trade ativo
nice 
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Publicações relacionadas
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.