$BTC is being traded in the corridor between support 58 200–58 800 $ and resistance 60 500–61 000 $
Some people will see a descending triangle here, others — a symmetrical triangle. As for me, I see that liquidity is higher
60 500 $ hasn’t been taken yet, and before it continues falling, it’s likely that we need to grab it.
Overall, I don’t see positive sentiment in the market yet. Globally, I’m still waiting for further decline, because the trend remains bearish, and the structure on higher timeframes is also bearish.
For now, that’s about it. We need to wait for news.
#BTC #BTCUSDT
Not financial advice — think with your own head and make money! DYOR!
Some people will see a descending triangle here, others — a symmetrical triangle. As for me, I see that liquidity is higher
60 500 $ hasn’t been taken yet, and before it continues falling, it’s likely that we need to grab it.
Overall, I don’t see positive sentiment in the market yet. Globally, I’m still waiting for further decline, because the trend remains bearish, and the structure on higher timeframes is also bearish.
For now, that’s about it. We need to wait for news.
#BTC #BTCUSDT
Not financial advice — think with your own head and make money! DYOR!