BTCUSDT Time to revisit 60k area?
BTCUSDT is expected to claim its 60k price, with 64k as first price target.
On lower time frame, golden fibonacci ratio has been tested with nice swing failure pattern.
BTC broke its major support but is unable to create lower low from the previous 56k low. It is also able to regain its momentum with a nice pump.
I expect BTC to get back above major resistance (previously major support) and reach new ATH soon
On lower time frame, golden fibonacci ratio has been tested with nice swing failure pattern.
BTC broke its major support but is unable to create lower low from the previous 56k low. It is also able to regain its momentum with a nice pump.
I expect BTC to get back above major resistance (previously major support) and reach new ATH soon
Note
Swing failure pattern at 55.3kTrade closed: stop reached
unable to remain above resistance level
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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.