Similar Fractal For btc/usdt

31 lug 2022

BTCUSD

consolidation atm. strong resistance and not so strong support.

anything could happen right now. so its always the best to wait for the confirmation before starting the trade.

neckline at 23524 once broken we can enter a short position starting from here all the way down to 22500zone for the first target not exactly but in this zone is plausible.

I wouldnt go for a long trade now until the SEC, FED or any major big news announced that gives BTC a strong momentum or a spike in buy volume.

Its still due for a correction from 24668 and is still within the ascending channel.BTCUSD