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BTCUSDT has been ranging between 63472.06 and 62407.87 since mid day 13-May. The break and closure of 1 hour price bar (candlestick) below 62500 zone would result in an aggressive drop.
Entry - anywhere below 62500 (once our condition is met)
Target - 59500 (partial targets can be seen on the charts)
Exit/SL - break and closure above 63472.06
Warning:
1. trading derivative could result to loss of your capital, kindly apply caution and use only the money you can afford to lose.
2. Previous performance is not a guarantee that my signals will profit you. Accept and implement this idea at your own risk.
You are advised to apply proper risk management while trading derivatives...!!!
BR,
Kings
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