Hello, Traders! Monfex is at your service and today we overview BTC/USDT.
Classic behavior for this flag pattern and we have the target of $ 6900 - 6750 zone. But we can see by RSI a bullish divergence that can push this price to the resistance zone and from it will be supposed a good moment to short!
The resistance zone ~ $ 7730 - 7800Supposed Trade Signal by BTC/USDT
Sell near $ 7750
Take profit ~ $ 6900
Stop loss at $ 8050
Market Cap $134 538 838 618 USD
Volume (24h) $22 122 134 461 USD
Circulating Supply 18 010 100 BTC
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Disclaimer This report is for information purposes only and should not be considered a solicitation to buy or sell any trading assets. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
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