BTCUSDT WEEKLY POSSIBLE RETRACEMENT WITH HIGH PROBABILITY

If the price breaks down the white channel and the 2/1 GANN RAY , it will have a high probability to reach the VAH red line & 0.618 fib and if the three lines are broken down then the price will dump down to the green support area.

I am bullish on BTCUSDT as long as the price dose not break down the 0.786 level.

better to wait for a daily close to get confirmation for a reversal or continuation .

Good LUck

Comment:

The 2/1 GANN RAY held the price and it reversed up and broke the channel , now we wait for the channel retest and see if the up momentum will continue . I will look for a high volume candles after the retracement .