Well, well, well...
Looks like a bearish retest to me. The structure is confirming a breakdown from 1D/1W resistance, with USDT.D still in a macro downtrend while $BTC remains in a macro uptrend.
We retested the BOS, formed yet another lower high, and now the structure is pointing towards a corrective move lower in USDT.D, which would mean further upside for BTC.
Let’s see if we can keep this trajectory. Trend is your friend.
Looks like a bearish retest to me. The structure is confirming a breakdown from 1D/1W resistance, with USDT.D still in a macro downtrend while $BTC remains in a macro uptrend.
We retested the BOS, formed yet another lower high, and now the structure is pointing towards a corrective move lower in USDT.D, which would mean further upside for BTC.
Let’s see if we can keep this trajectory. Trend is your friend.