5c55l
Open Trade
Occasional Trader
1.5 Years
0 Following
49 Followers
81 Liked
3 Shared
See original
Analysis #BTCUSDT
Hello traders,
Today, I share with you an in-depth and updated technical view of Bitcoin against USDT on the 4-hour timeframe, based on the current market structure and liquidity behavior in critical supply and demand areas.
Overall Trend: Corrective Descending within a Main Ascending Wave
The market is currently in a Distribution Phase after a strong upward wave that started from levels below 88,000 and reached a peak at 106K. This phase is characterized by slow momentum and sharp retracements from strong horizontal resistances.
Today, I share with you an in-depth and updated technical view of Bitcoin against USDT on the 4-hour timeframe, based on the current market structure and liquidity behavior in critical supply and demand areas.
Overall Trend: Corrective Descending within a Main Ascending Wave
The market is currently in a Distribution Phase after a strong upward wave that started from levels below 88,000 and reached a peak at 106K. This phase is characterized by slow momentum and sharp retracements from strong horizontal resistances.
See original
Will the price of #HamsterKombat rise ⁉️
My Assets Distribution
HMSTR
DOGS
Others
45.67%
16.76%
37.57%
See original
I recently joined Binance Square, and I'm happy to share and connect with everyone here!
Login to explore more contents