BTCUSD Trading Strategy : Key Levels to Watch**
#BTCUSDTUPDATE #BTCUSDT. #BinanceSquareFamily
Hello traders! **BTCUSD** is currently trading above **$62,110**, while the downtrend line remains intact.
Despite this, the price is holding above the **34 and 89 EMAs**, suggesting potential for recovery in this correction phase.
My strategy involves waiting for a move toward the **$64,000** resistance level.
Advice : Prepare for Potential Decline
Once BTCUSD reaches this resistance, I anticipate a pullback targeting the **$58,000 to $53,000** levels. This could present a good shorting opportunity.
Conclusion : Stay Alert and Trade Smart**
In summary, keep an eye on the key resistance level at $64,000, as it may dictate the next move in BTCUSD. Good luck to all traders!
