going short BTCUSDT
We have had our indicators showing the downtrend over the last few days.
- We reached the top of the uptrend channer at 24.722
- Rsi was oversold at this level
- We reached at the middle of the downtrend channel where we anticipate a small reversal (till the 0.618 fib) then potential further move down
- This are is key support area as it is aligning with previous support levels
- Botom of the current trend is around 21.450
- We reached the top of the uptrend channer at 24.722
- Rsi was oversold at this level
- We reached at the middle of the downtrend channel where we anticipate a small reversal (till the 0.618 fib) then potential further move down
- This are is key support area as it is aligning with previous support levels
- Botom of the current trend is around 21.450
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