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BTC correction in short time
Bitcoin / TetherUS PERPETUAL CONTRACT
Short
BTC correction in short time
By parissap
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Aug 1, 2022
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Aug 1, 2022
#BTC/USDT
BTC
touched the ascending resistance and rejected, now price broke down from 1h support zone, and try to confirm it as resistance.
🐻 holding the current zone as resistance will drop price to fib levels and last support zone is the same with ascending support around $21600.
🐮 holding 0.382 fib level and break out from $23650 will increase price toward ascending resistance again, and even break it out strongly.
Bitcoin (Cryptocurrency)
bitcoinanalysis
BTC
BTCUSDT
Fibonacci
Fibonacci Retracement
Support and Resistance
supportandresistancezones
Trend Analysis
Trend Line Break
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