BATUSDT MACRO SETUP
NEXT consolidation 4-7, which is 1:1 extension of the previous move.
Extension 1.41 will be at $12
Extension 1.618 will be at $20
Therefore $12-15 could be a good range for bulls to derisk.
Breakout below macro support 0.5-0.40, could lead to a bear market continuation to retest the bottom
NEXT consolidation 4-7, which is 1:1 extension of the previous move.
Extension 1.41 will be at $12
Extension 1.618 will be at $20
Therefore $12-15 could be a good range for bulls to derisk.
Breakout below macro support 0.5-0.40, could lead to a bear market continuation to retest the bottom
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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.