Before this dip is completed we need at least a lower low with a higher RSI on the 1hr timeframe. That's currently not the case, so we can expect further downside to at least $53.800. BTCUSDT could of course bounce a bit higher, but in a not too far distance we'll see it going back to $53.800
Note
there ya go... pattern completed.. exactly within the circle
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.
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.