Bitcoin / TetherUSUpdated BTC possible movements
READ THIS VERY IMPORTANT
after a good bullrun all eyes are on this parallel channel on the chart for btc next move
break of price in either side and sustaining with a good 4h candle above 9500 or below 9200 confirms the next movement
i personally think because of the regular divergence in volume and AO indicator a good short entry is more likely giving the fact that we have 2 CME gaps around 9100 and 8500
and in my opinion this trendline in the top is more likely to break above.
happy trades.
after a good bullrun all eyes are on this parallel channel on the chart for btc next move
break of price in either side and sustaining with a good 4h candle above 9500 or below 9200 confirms the next movement
i personally think because of the regular divergence in volume and AO indicator a good short entry is more likely giving the fact that we have 2 CME gaps around 9100 and 8500
and in my opinion this trendline in the top is more likely to break above.
happy trades.
Note
i think btc going to break the below line and test the trend linethe important zone is 9100 and 8800 that can push price a bit higher that it is a good 200-300$
specially 8800 i see a move toward 8800 jump to 9100 and last target 8500 area
Trade active
First target done.2scenarios ahead
Buyback zone about 9500-9600
Or 9100-9200
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