


Yoones_m
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0Joined Nov 24, 2020
breakouttrading
chanell
chartpattern
correction
dynamicresistance
historicalanalysis
long
short
trendanalysis
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The bitcoin correction trend according to the chart in the weekly timeframe, and based on the Fibonacci lines, will probably continue until the support of 52,000, which corresponds to 38% of the Fibonacci. What has been the case with bitcoin ascents in the past is that before each new ATH, there was one ascent, a 6 to 12 day correction period, and a 17 to 23...
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We can see a nice candle in the top of the dynamic channel (I show it with No.2) It`s very close to break the channel and if it happen, the next target would be 10000 USDT. With this trade vol, I think it will happen.
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