Today’s report will also include:

• Updated Technical Analysis

• Other key market developments

• Market Psychology

• Trading Tools

PNUTUSDT Long Trade 📈 

In today’s analysis -PNUTUSDT - trading in a local corrective phase, an acceleration towards a key low will allow for a long trade entry.

Points to consider ✍️ 

• Falling Wedge Pattern

• Value Area Low

• Value Area High

• Point of Control S/R

• Swing High Objective

The current price action is at Value Area Low, here a bottoming structure will signify strengthen in PNUTUSDT.

A Falling Wedge pattern can be observed, the apex zone is in confluece with a key low. This increases the probability of the region being tested with a Swing Failure type of price action.

Overall, from Bitcoin Insider’s perspective, PNUTUSDT is a valid long with defined risk, price action it to be used upon discretion/ management once the targeted low gets taken out. ✍️

Hope this analysis helps.

Trading Tools ⚒️ 🔧 

TradingView Charting Platform: Where the world charts, chats and trades markets. We're a supercharged super-charting platform and social network for traders and investors 💹 📈 

Blofin Cryto Trading Platform: BloFin is your next crypto trading solution that provides an easy-to-use, secure and reliable trading experience to accommodate all folks. 💵 💰️ 

Trading Education - BabyPips: Babypips helps new traders learn about the forex and crypto markets without falling asleep. We introduce people to the world of trading currencies 📖 📚️ 

Blofin Deposit Bonus for Bitcoin Insider Readers 💰️ 💰️ 

Claim 300 Deposit Bonus here

X Segment 📰 🗞️ 

Trading Psychology  🧠

Bitcoin Insider bouncing back to work, See you in the next one! 👊