BTCUSDT - 1D
As you can see in the chart, we are now near the most sensitive price range where we can see dump or pump bits.
Personally, my opinion is that the price correction starts from 58,400 to 59,100 and continues up to 48,800, and from there, according to the line I drew, it goes for $ 70,000, which is equal to the ascending channel ceiling and the psychological number ahead.
Now there are two other modes that if there is a lot of cattle market can go through two other modes.
First, from the same range that I said above, to correct the range of 52,800, which is the midline of the ascending channel, and then we go to reach the last ATH, which is 64,000, and the last case is to break the powerful range of 59 to 60, which is less likely and goes to 64,000.
Personally, my opinion is that the price correction starts from 58,400 to 59,100 and continues up to 48,800, and from there, according to the line I drew, it goes for $ 70,000, which is equal to the ascending channel ceiling and the psychological number ahead.
Now there are two other modes that if there is a lot of cattle market can go through two other modes.
First, from the same range that I said above, to correct the range of 52,800, which is the midline of the ascending channel, and then we go to reach the last ATH, which is 64,000, and the last case is to break the powerful range of 59 to 60, which is less likely and goes to 64,000.
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.