📉 BTC/USDT Analysis Update
BTC looks bearish after rejecting a major trendline with strong confluence from the 0.382 Fib level. The bounce from the bottom formed an ABC corrective wave, indicating a potential impulsive move down 📉.
Likely target: 58,400 - 57,700.
🚨 Not financial advice!
BTC looks bearish after rejecting a major trendline with strong confluence from the 0.382 Fib level. The bounce from the bottom formed an ABC corrective wave, indicating a potential impulsive move down 📉.
Likely target: 58,400 - 57,700.
🚨 Not financial advice!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.