BTC short-term correction
Updated
The chart shows everything, but let me explain briefly what I have in mind:
I anticipate
BTCUSDT to have a correction to 38-42 region in the short-term.
In 1 hour timeframe, last night we had a fake breakout of the uptrend, hasty bears opened their short position, then the price pumped and liquidated them all :) .
Afterwards, price jumped above the resistance which had stoppedBTCUSDT previously, then hasty bulls opened their long position, the price dumped and they also got liquidated :))
Daily candle closed Bearish and the RSI divergence in 4 hour timeframe is also obvious.
BTC1! also has a gap below 41400 to be filled.
I anticipate
BTCUSDT to have a correction to 38-42 region in the short-term.In 1 hour timeframe, last night we had a fake breakout of the uptrend, hasty bears opened their short position, then the price pumped and liquidated them all :) .
Afterwards, price jumped above the resistance which had stopped
BTCUSDT previously, then hasty bulls opened their long position, the price dumped and they also got liquidated :))Daily candle closed Bearish and the RSI divergence in 4 hour timeframe is also obvious.
BTC1! also has a gap below 41400 to be filled. Trade closed: target reached
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