Some info need to attend today about $BTC and market. Update 24.08.21
Note: This is my private opinion, you can use for reference. Not financial advise! đ
1.USDT.D
After many corrections in 14 days (Aug 05 - now). USDT completed breakout and retested model. Now it facing with 03 resistance at 5.79, 6.1 and 6.3 zone
for retracement
I rate it for a bullish signal and start new journey. An strong competitor of #Bitcoin
2.BTC
Other side in $BTC , it still strongly suppressed by MA200 on H4 chart, 03 times break but unsuccessful. That mean it still in risky zone, a similar model call "03 top model"
It only made me comfortable when it break 63K zone, at now I only stand outside and monitor it
What will you do in next days ?
1.Continue monitor market, specially is the moving of USDT
2. Only join BTC when it break at least MA200 on H4 chart
3. Don't look at short term. Look at long term
