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Macro BTC bearish. Be careful entering short if not a scalper

BTCUSD
1W
Short
Macro BTC bearish. Be careful entering short if not a scalper
2024-08-12T18:05:56+00:00
Trading Idea Description: Overall bearish sentiment. Exercise caution when entering short positions unless engaging in scalping. Potential for a retest at higher levels before a continued decline.

#UMA/USDT is trying to break the Diagonal Trendline in 4-Hour TF

UMAUSDT.P
240
Long
#UMA/USDT is trying to break the Diagonal Trendline in 4-Hour TF
2024-08-12T17:04:18+00:00
UMA/USDT is attempting a break of the diagonal trendline on the 4-hour timeframe. Monitor for a successful retest before entering a long position. Key levels to watch include local resistance at $2.19 and support at $1.699.
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