Market Analysis of BTCUSDT on Wednesday 19 JUNE 2024

2024-06-19 18:23Fonte:BtcDana

BTCUSDT TECHNICAL ANALYSIS SHORT TERM VIEW

 BTCUSDT running in negative trend and its immediate strong resistance are 67500 to 69250 level .  Stop loss is 69500 level and it can fall towards 60000 level  positionally because of abc pattern formation .Intraday purpose selling is better for targets 65100,65000 and 64800 levels respectively with stop loss 66700 level because 5 minute chart showing calculation showing  65600 to 66700 level resistance and intraday stop loss 66700 level .

QUICK FUNDAMENTAL LOOK  

                                                           

As Bitcoin dips below the $65,000 mark, currently trading at $64,886, the cryptocurrency market is witnessing a heightened sense of urgency among traders

POC = Risk is a part of trading, use caution when placing orders and take market advice only into account.

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