Bitcoin / TetherUSShort
BTC Pattern movement speculation
BTC is in a zone between 64.7 and 57.6 and has fallen about 12% in a few days.
Currently the price is below VRVP POC and below premium buy zone,
as well as the pattern at the bottom.
Volume narrows, so does Volume delta.
at this time, we need to wait for confirmation in which direction the price will go.
If it rises to VRVP POC (59.238), premium buy zone must pass,
pass the tunnel pattern 50% AND rebound to Fib 0.618.
If it falls, it will be up to 57k, because there is no sign of an uptrend yet
Currently the price is below VRVP POC and below premium buy zone,
as well as the pattern at the bottom.
Volume narrows, so does Volume delta.
at this time, we need to wait for confirmation in which direction the price will go.
If it rises to VRVP POC (59.238), premium buy zone must pass,
pass the tunnel pattern 50% AND rebound to Fib 0.618.
If it falls, it will be up to 57k, because there is no sign of an uptrend yet
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.