BTCUSDT 4H short-term forecast
BTCUSDT 4H short-term forecast from Wunderbit
CCI out of the -200 zone. High probability of rebound.
After moving in a channel between 1 and 1.6 according to Fibonacci, working off the level 2.618.
Empty area by volume profile. If 2.618 is not held, then there is a chance of going into the 50,000 zone.
Globally strong level.
If the daily candle closes above the level of 63500. Then the squeeze can be considered a manipulation to knock out stop-losses before growth.
There is no reversal formation at the moment. Therefore, we cannot know that this is 100% bottom.
Downward movement and divergence drawing are also possible.
Waiting for a reversal formation (divergence).
CCI out of the -200 zone. High probability of rebound.
After moving in a channel between 1 and 1.6 according to Fibonacci, working off the level 2.618.
Empty area by volume profile. If 2.618 is not held, then there is a chance of going into the 50,000 zone.
Globally strong level.
If the daily candle closes above the level of 63500. Then the squeeze can be considered a manipulation to knock out stop-losses before growth.
There is no reversal formation at the moment. Therefore, we cannot know that this is 100% bottom.
Downward movement and divergence drawing are also possible.
Waiting for a reversal formation (divergence).
MAKE YOUR CRYPTO WORK
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.