BINANCE:BTCUSDT.P   Bitcoin / TetherUS PERPETUAL CONTRACT
- i was waiting for a little more confirmations but it seems that this dip created a real trend.
- we can consider a real trend when we have 3 points in the same line ( traditional trading method ).
- You can notice in the graph that this support trend have much more than 3 points.

-i made this analyze very simple and clear, everything is annotated in the graph :

- Green Zone = Good
- Blue Line = Line to break
- Red Zone = Bad

- For now we have to break this blue line to start a new bullish movement
- We have to consider if TheKing dip down under 40k, it will be a very bad sign. (Red Zone)

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Targets are unchanged :

- 86k+ (161.8 Fibo)
- 100k (200%)
- 115k+ (261.8%)
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Like Always play wisely and don't go all in, wait for breakouts or wait for Dips. Keep juice for both cases.


Happy Tr4Ding !

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older analysis :

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large view :

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get the move :

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tic toc..
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green = good

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