Falcon_Trader_1

BTCUSDT 1H Correction to get over by 12:00 UTC , time prediction

BINANCE:BTCUSDT.P   Bitcoin / TetherUS PERPETUAL CONTRACT
Well, predicting date, and then time.. wheww.. if it works, then do we have a unique advantage?

BTCUSDT is forming a correction candles, perhaps to form lower highs, but when will this correction get over? At what date? At what time and perhaps at what level?

Check out the chart, it is self explanatory.

Trade at your own risk. This is just for education and research purpose.

  • BTCUSDT current 1H time frame, correction makes lower lows by 12:00 Pm UTC on 23 August 2021, followed by some upward move.
  • Current upward trend should end by 24th August 2021
Comment:
Important Note:

- We are looking at correction to end by 12:00 PM, this means top for 1H time frame for the day will be formed. I don't think it to exceed 12:00 PM UTC.

The method used for this analysis is Market Geometry.

What will happen after that? There will be reversal trend pressure, and we will see price going in opposite direction before it continues upward move.
Comment:
Exactly how I said,,, check yellow lines...


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