A MACRO RUNDOWN ANALYSIS ON BTCUSDT
From the Monthly TF
BTCUSDT broke a trend line to the upside which is yet to retest
we could also see the double top formed around the areas of the ATH signaling a downtrend on BTCUSDT on the Higher TF
From the weekly TF
BTCUSDT formed a cluster of equal lows with wicks in the 30k region
forming a confluence with the retest on the trendline
From The Daily TF
An Entry was Spotted using the OB on the daily TF which also formed a confluence with the retest of the trendline.
BTCUSDT broke a trend line to the upside which is yet to retest
we could also see the double top formed around the areas of the ATH signaling a downtrend on BTCUSDT on the Higher TF
From the weekly TF
BTCUSDT formed a cluster of equal lows with wicks in the 30k region
forming a confluence with the retest on the trendline
From The Daily TF
An Entry was Spotted using the OB on the daily TF which also formed a confluence with the retest of the trendline.
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