eldiplo

BTC/USDT

Long
BITFINEX:BTCUSD   Bitcoin
Hi there this is what i see for BTC/USDT pair for the medium term, i give you the different options based on the market structure and TA. Im waiting for more comfirmation to be clear about the correct patch. I will update with time. I think that btc is really far from the MA rigth now for that reason im bearish in the short, also because of the market cycle but this month run i saw that the MA bands are not to open taking on account the price increase BTC could have more gas towards 17K or 20K but for that needs to kiss the MA lines. If a reversal trend is comfirmed there is what i expected based on the indicators i dont think we fill al the FIB GAPS but they are still in play.

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