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BTC-USDT Chart may look promising, However be cautious
Bitcoin / TetherUS
BTC-USDT Chart may look promising, However be cautious
By TheWizardofCoins
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Updated
Sep 8, 2021
1
Sep 6, 2021
Consider the Chart of BTC-USDT (Binance) vis-a-vis its RSI
Clear Negative Divergence can be seen + RSI has hit upper channel resistance. Let it take its own course in a day of two and then trade!
I m neutral
Just a technical advice
Happy Trading!
Sep 8, 2021
Note
So the Negative Divergence plays out well. As expected, we are down from 52K to sub 46K level within two days
No trade Zone.
Keep Watching
Chart Patterns
Technical Indicators
TheWizardofCoins
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