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Wunderbit
Jul 29, 2022 8:33 AM

BTCUSDT 4h shot-term forecast  Short

Bitcoin / TetherUSBinance

Description

BTCUSDT 4h shot-term forecast from WunderTrading

After entering overbought, the expectation of a reverse movement to previous volume levels
There is a possibility of a sharp movement to the 25000 zone in order to knock out stop orders
Immediate support for VAH based on previous move
It is possible to go beyond the channel border and the red line in order to knock out the accumulated longs
The 0.618 Fibonacci zone confirms the target for the nearest fall
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