USDT D. with its fourth test of the lows - unlikely they hold
418
- clear demand block on USDT D. that held as support which in turn sent the crypto market into a corrective phase - with another approach at support it is likely this time the area breaks - should that happen the entire crypto market explodes higher
Confluence on the 2W timeframe as the star cross is about to happen and price likes to test it (comments).
Trade active
Trade closed: target reached
Lows held again and a real possibility of a much deeper pullback now exists with 4.8% on USDT D. being a likely target.
Note
4.8% reached. If bitcoin is still bullish, this is the top of USDT D. and it starts trading lower from here.
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.
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.