WestleyOdom
@t_WestleyOdom
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WestleyOdom
Hey everyone, what are your thoughts on selling BTCUSDT today? Looking at the 4-hour chart, we're seeing a potential setup for a short position as the price approaches a robust resistance level, confluencing with the EMA 34 and EMA 89 lines. My strategy leans towards initiating a sell at this resistance, or possibly at a slightly lower price point. I've laid out my strategy and targets based on the analysis, but I'm eager to hear from you all. How do you think we should approach trading today?Trade active
WestleyOdom
Hello Bitcoin enthusiasts! Let's dive into the current status of BTCUSDT. At the moment, BTCUSDT is hovering around 66,900 USD with a slight recovery during the day. However, looking at the 1D chart, it's evident that the price is still moving within a long-term downward channel. In my view, the best strategy is to wait and sell BTCUSDT when it reaches the upper trendline limit. What do you think? How should we trade this? Share your thoughts with me!
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Any content and materials included in Sahmeto's website and official communication channels are a compilation of personal opinions and analyses and are not binding. They do not constitute any recommendation for buying, selling, entering or exiting the stock market and cryptocurrency market. Also, all news and analyses included in the website and channels are merely republished information from official and unofficial domestic and foreign sources, and it is obvious that users of the said content are responsible for following up and ensuring the authenticity and accuracy of the materials. Therefore, while disclaiming responsibility, it is declared that the responsibility for any decision-making, action, and potential profit and loss in the capital market and cryptocurrency market lies with the trader.