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Daemon_sadi
May 18, 2021 12:01 AM

BTC downward channel - ongoing Short

Bitcoin / TetherUS PERPETUAL CONTRACTBinance

Description

Keeping it simple, channel continuation, but with double bottom formed on 1h chart will be a pretext to create a bull trap ( i think).
On the wave department, we are in a c correction wave and if we fib retrace a to b we get the golden ratio at 39k, the closing daily candle is not helping either so the 39k is my bet. But HEY I'm just some random stranger in the internet. Good luck to you all
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