Trendpattern
BTCUSDT ShortTime Frame: 4H
Symbol: BTCUSDT
Entry: 21015.74
TP: 16119.37
SL: 24568.01
Bias: Short
The price actions of the last few days show that the pair is trying to recover from the sharp fall that it has experienced recently. We do not see any quick come back from the fall. Our bias is bearish and we expect a better shorting opportunity.
BTCUSDT ShortTime Frame: 4H
Symbol: BTCUSDT
Entry: 21079.76
TP: 17540.63
SL: 24063.85
Bias: Short
The overall trend of this instrument is bearish . A bearish movement spree is going on. There is no hope of coming back so easily or early. We are waiting for a more aggressive drop from the current price level.
ETHUSDT ShortTime Frame: 4H
Symbol: ETHUSDT
Entry: 1118.26
TP: 795.46
SL: 1371.43
Bias: Short
Considering the historical analysis of this instrument, we think the bearish trend is already established and the falling of current price level will continue. There may be some strong trend adjustment which must be kept in consideration while trading.
BTCUSDT ShortTime Frame: 4H
Symbol: BTCUSDT
Entry: 21010.37
TP: 17803.23
SL: 23507.11
Bias: Short
We believe better shorting opportunity await BTCUSDT. To survive in the financial market, BTC must set an equilibrium between its intrinsic value and extrinsic value or the whole system may collapse . Investors are doubtful about the future of BTC which may end the history of BTC but not crypto currency. BTC should move to more reasonable pricing which is nothing but a bigger drop.