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JatinVaswani
Nov 28, 2021 10:16 PM

BTC/USDT Analysis Long

Bitcoin / TetherUSBinance

Description

ATH Flip level for BTC using Fibonacci and confluence of important levels including structural support, Fibonacci and Monthly High, RSI

RSI : Oversold Zone

Scenario 1) BTC Flips from Fib 0.5 (54300)
Good consolidation and breakout
Target - 81056

Scenario 2) BTC Flips from Fib 0.618
Target - 78600

Further update upcoming

Thank You.

Comment

As we can see, we did not get any closing above our confirmation level, therefore there was no reason to go long and get trapped unnecessarily.
Comments
Jpinkmann
goldennn!
JatinVaswani
@Jpinkmann, Thanks brother.
SabahEquityResearch
Nice work
JatinVaswani
@CountLikeWallStreet, Thank You sir.
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