Category: Tether (USDT)

BTC lacks momentum, should go back to 10.600 before further move

BTC couldn’t pass the neck line of the big inverse H&S (black dashed line), converging with the upper limit of the main downtrend channel in logarithmic scale (thick red line), the both together acting as a serious resistance for now. Therefore, BTC should likely retrace around the 10.600$ zone before any further movement. The correcting move is confirmed by a …