BTCUSDT Overview of the market situation

2 thg 2, 2020

In my opinion, the market situation is now long. This is confirmed by the engulfing pattern on the monthly bitcoin chart. The offer zone 9000-9500 has not been tested yet and it may be corrected, but now there is a compression to its upper border and there is a high probability that this zone will break through. If you look at the weekly chart, the global imbalance zone is from 9500-11500. If we break through 9500, then in my opinion the upper limit of 11500 is also more likely to break through because we have already tested it several times.

Recommendation was on my telegram channel Not margin! Position trading.

1 BUY ORDER 8850
2 BUY ORDER 7650