BTCUSDT monthly overview

By firmestudio
Updated
BTCUSDT long term overview. Confluences: Show of weakness w/ Chaikin Oscillator, divergence from ATH in Awesome Oscillator and show of continuation tendence w/ Fisher Transform. Weekly condition is bearish. Head and Shoulder target in daily timeframe: pullback to neckline accomplished, TP1; Fibonacci Retracement from bear flag target is TP2. Chaikin Oscillator is near of zero below. Big SOW. Price can dump below 32,9k.
Comment
BTCUSDT showing a bull trap on this falling wedge in a double top formation peaking at 68.1% Fibonacci Retracement on H4 chart. My target for tomorrrow is 34.5K (14.6& Fibonacci Retracement) snapshot
Chaikin Oscillator (CHO)ehlerFibonacciFibonacci RetracementfisherHead and ShouldersheadandshouldersformationOscillatorsvolumeprofileindicator
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