Technical analysis regarding the price of BITCOIN in relation of dollar Tether for the next scenarios, based on daily movement.
Can we notice the presence of a corrective wave, right after impulse 4!? What is your vision?
I believe that the price is effecting its price correction and, well, it will be able to stop in this considerable support region as well as seek a lower level. Anyway, projecting this wave with Fibonacci (using to demarcate channels and price extension), I obtain such levels of region where the price will be able to fetch and, which perfectly match.
I believe that BITCOIN is making its correction and in the next scenarios, it may seek 62K. What's your vision!?
disclaimer *** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared independently and autonomously. Not being considered a purchase and/or sale recommendation. ***
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