TradeLikePros

BTCUSDT Expected Move Over the Coming Days

BITSTAMP:BTCUSD   Bitcoin
> RSI Bearish Divergence played out very well and we saw a massive price decline after that. Now, we're expecting that BTC will form a Lower High before continuing its ride downward.

> We may see a price retracement toward Fibonacci 0.618 (Golden Ratio) before we observe the next price rejection.

> We're also observing a Head & Shoulder being formed in this range which may trigger huge selling but it will be too early to predict. So, let's wait for the price action.

Thanks!
Best Regards,
Team Trade Like Pros
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