Looks like we got a new formation so this is the new circles to monitor for the margin trade BTCUSD.
Just look the circles for potential support and resistences, no targets for now !
Comment:
Back to 0.5 circle, looks like a good resistence
Comment:
After 0.5 Margin and Spot started to diverge with going bull and spot going bear as they got out of sync and that's how traps works.
Comment:
Hit 0.382 Circle and back from there it goes, from another perspective:

Comment:
Main chart is pending minor adjustments with bulls getting back right now at least until next circle:

Comment:
Margin is on year lowest and about to break down last year lower with at least two harmonics very close, the one on this idea and that other below:

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.