$BTC to where?
It’s better to have a few notices:
-
BTC was moving beyond predictions we where waiting for a healthy correction.
- Bearish Divergence appeared since last week maybe more.
- There was no significant volume has shown since 30k rally.
- Bearish ascending wedge was formed.
The scenarios that we have are as follow:
1- A good Pumping with a close above 51.3k level so Ascending wedge with be neglected.
2- Dumping below 48K would lead the price to one of the supports zones (as shown in the chart) keep in mind, Fib 0.618 is at 37.3k
If you have any comments please don’t hesitate to write them in this post.
Good luckBTCPERP
-
BTC was moving beyond predictions we where waiting for a healthy correction. - Bearish Divergence appeared since last week maybe more.
- There was no significant volume has shown since 30k rally.
- Bearish ascending wedge was formed.
The scenarios that we have are as follow:
1- A good Pumping with a close above 51.3k level so Ascending wedge with be neglected.
2- Dumping below 48K would lead the price to one of the supports zones (as shown in the chart) keep in mind, Fib 0.618 is at 37.3k
If you have any comments please don’t hesitate to write them in this post.
Good luck
BTCPERP
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