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Bitcoin / TetherUS
Short

Bitcoin in short-term Overbought

By VartarTrader
Updated
BTCUSDT
The way forward in 1 hour time frame.
The first support is 40417 and if it is broken, it will reach 39120
Trade closed: target reached
Candles have passed the first target and the second target will be available soon ;)
Note
The candles came out of the Fibonacci channel and reacted to the specified support level (39120). This could be the beginning of a downtrend with the support levels shown in the image.
BTCBTCUSDTTechnical IndicatorsTrend Analysis
VartarTrader

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