BINANCE:BTCUSDT.P   Bitcoin / TetherUS PERPETUAL CONTRACT
If you were following my status update, then you know I was expecting 48/45/42 when BTC was around 56 and suggested cash out your major alts except which are bought too low. Fortunately, this move has not damaged the alts much, and many alts didn't make lower lows.
Coming to the BTCUSDT, it is at major support, in case this holds we can see new high. But, it is still forming lower lows and change in trend can be expected above 51.5. Watch out for that.


Regards
Comment:
18/05/2021- 12.40 AM -BTC forming sweet double bottom, needs to give a breakout from the neckline
Comment:
19/05/2021- successful lower lows, change in trend above 46, till then more fall incoming. watch out for 46now
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.