Market Update & Insights 02-19-19: XBT/USD & BTC/USDT
Justin W. 1:04 AM
XBT/USD
Local topping action and an evening star daily candle forming today on XBT/USD. We have hit both upside targets that I posted yesterday. Critical support needs to be held here, the reclamation of the descending trend line. Besides that, the horizontal of 3780 also needs to support price at this level. For the moment, pullbacks are for buying. The strategy has not changed, we look to sell short at 3500 should we reach that level.
BTC/USDT Hit the first upside target posted yesterday. Our selling level still remains at 4023 with critical higher time frame resistance overhead.
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