BTCUSDT - This gonna be a great day to trade!!!

Hi all!

BTC has dumped as projected, fortunately, not so bad as projected. After hitting 161.8% Fib Extension, it bounced and took 100% Fib Extension as resistant. The thing is that a side way trend are forming between Fib Ext. 100% and Fib Ext. 161.8%.

1D chart has had 4 red bars, another 5 rarely happens, you know. However, Stochastic and RSI are still on their way to the over sell level. So, I forecast that today we will have a pin bar, and it mean that SW trend is the main trend of the day!

Let's see what's next!

Trend Analysis

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