dandyme29

Time to Correction ? BTC/USDT

Short
BINANCE:BTCUSDT   Bitcoin / TetherUS
BTC/USDT perfectly fit the bullish channel, after break the weekly resistance before, now BTC was touch resistance of the Channel and if we pull the fibo line from the last swing low to swing high, we got fibo zone resonance with the resistance area it was break before and now should be the support area.

But in daily chart BTC still consolidate at the resistance line of the channel, BTC must break the support area of ​​consolidation on the daily timeframe , so the possibility of this scenario happening is very possible

Just my outlook and my opinion not 100% will be happen. #DYOR
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.