BTCUSDT POSSIBLE SCENARIOS #2
Updated
BTCUSDT still trades sideways and we can still trade carefully until the big breakout happens
The high of the mother candle on Feb 24 @ 20 UTC was broken and price almost reached the black 78.6% fib level and currently forming a wick ,if the current candle close below the black 61.8 fib level or lower then look for possible short after the low is broken and Chaikin OSc must be below 0 level to confirm entry .use tight stoploss.
if the current candle closes above the black 61.8 fib level or higher then look for a long after the high is broken and Chaikin Osc must be above 0 level to confirm entry . use tight stop loss
This is not an advise only for educational purposes.
Good LUck
The high of the mother candle on Feb 24 @ 20 UTC was broken and price almost reached the black 78.6% fib level and currently forming a wick ,if the current candle close below the black 61.8 fib level or lower then look for possible short after the low is broken and Chaikin OSc must be below 0 level to confirm entry .use tight stoploss.
if the current candle closes above the black 61.8 fib level or higher then look for a long after the high is broken and Chaikin Osc must be above 0 level to confirm entry . use tight stop loss
This is not an advise only for educational purposes.
Good LUck
Trade closed manually
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