BTC/USDT Time to Short? (Bearish?)

٤ سبتمبر ٢٠٢٣

Hey traders👋

New week is here and we are back to BTC coin where we see a great potential for some bearish scenarios!!

After that massive breakdown of local trend at $29300 zone we had a passive 14 day sideways movement before we got witnessed a bullish run towards upper EMA zones (which was mandatory as there have been some unfilled gaps)

Now that price got rejected there we see a good chance for further drop to happen here towards 23K - 24K zone

If you like ideas provided by our team you can show us your support by liking and commenting.

Yours Sincerely,

Swallow Team


Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.