BTC is forming a huge bear pennant on the 1h against USDT. When it breaks I'll probably go short. I expect a lot of previous support at the 38K -39K level but if that doesn't hold we're probably will be going to the mid thirties.
Would you guys short this if it breaks?
". There is a possibility of temporary retracement to the suggested support line (48086.72).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
. BTCUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a...