BTCUSDT at daily resistance, very likely to head to 65k
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Our short trade is still in progress. However, here is a new short trade idea. The probability of the price to move lower now is higher than before. The price is still trading at daily resistance DR1. I have updated the resistance zone. The price is likely to head towards daily support DS1 and that is the target of our this trade idea as wll as the previous one. We will look for a long opportunity from there.
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Closed this short with small profit as it does not seem favorable at the moment. I forgot to mark one take profit level around 65k where I could see the price bouncing or reversing. Anyways, lets look for a new trade.
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