Hello everyone
Before we start a discussion, it is my pleasure to read your opinion on this post's comment section and support this idea with your likes if you enjoyed it!
BTCUSDT :
Bitcoin is printing a bearish ABC pattern, at the same time, the price reaches the upper line of the potential parallel channel.
I determine the most probable price and time reversal zone.
I used the time projection of wave A to estimate the end of wave C. Also, I used Fibonacci projection of wave A to determine the probable price reversal zone.
Let's look at USDT dominance chart to find out investors inclination to change their coins to USDT, and vice versa.
the price reaches a very important support zone, at the same time, it reaches the lower line of the potential channel.
Conclusion:
Bitcoin reaches a very important situation. These reasons produce higher level of risk for buyers. we have more evidence for bearish wave of BTC price.
Before we start a discussion, it is my pleasure to read your opinion on this post's comment section and support this idea with your likes if you enjoyed it!
BTCUSDT :
Bitcoin is printing a bearish ABC pattern, at the same time, the price reaches the upper line of the potential parallel channel.
I determine the most probable price and time reversal zone.
I used the time projection of wave A to estimate the end of wave C. Also, I used Fibonacci projection of wave A to determine the probable price reversal zone.
Let's look at USDT dominance chart to find out investors inclination to change their coins to USDT, and vice versa.
the price reaches a very important support zone, at the same time, it reaches the lower line of the potential channel.
Conclusion:
Bitcoin reaches a very important situation. These reasons produce higher level of risk for buyers. we have more evidence for bearish wave of BTC price.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.