EminenceGrise

BTCUSDT: Calm before the storm?

BINANCE:BTCUSDT   Bitcoin / TetherUS
Good afternoon, dear traders! Locally, the situation is similar to an ascending triangle. I think that in the near future we will continue to move according to this scenario. Following this logic, after some time we will break through the resistance level of $ 7150-7170. But in general, I do not like the market situation! Because the sharp exit upward from the downward channel (which was a few days ago) does not end with anything good. Globally preparing for a strong fall.

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