AmirAli4bdi

A drop of up to $ 44,000 is likely

Short
BINANCE:BTCUSDT   Bitcoin / TetherUS
Given the formation of the hammer candle on the resistance of 1.618 Fibonacci and the decrease in the strength of the candles in the weekly time frame, we expect a correction in the price and I expect a drop to the range of $ 44,000. Tonken is the age of MA200D and also with this drop the RSI divergence with the candlestick chart is confirmed in my opinion.

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.