Bitcoin / TetherUSShort
It it End of BITCOIN Uptrend?
Hello Guys!
You can observe a trend slowdown on the BTCUSDT pair and a decrease in volatility in the triangle, which is shown in the first 4H chart. The breaking of the triangle is expected until June 30.
We are inclined to short-term correction of the uptrend to the area of Fibonacci levels of 0.5 - 0.618, which are in the price range of $7000-8000.
It makes sense to open long positions after correction, or in case of breaking through and fixing the price above the level of $10300.
Stay tuned and keep your risks under control!
Best Regards
FOBS Team
You can observe a trend slowdown on the BTCUSDT pair and a decrease in volatility in the triangle, which is shown in the first 4H chart. The breaking of the triangle is expected until June 30.
We are inclined to short-term correction of the uptrend to the area of Fibonacci levels of 0.5 - 0.618, which are in the price range of $7000-8000.
It makes sense to open long positions after correction, or in case of breaking through and fixing the price above the level of $10300.
Stay tuned and keep your risks under control!
Best Regards
FOBS Team
E-mail: info@fobs.fund
Telegram Channel: t.me/fobsfund
Twitter: @fobsfund
Telegram Channel: t.me/fobsfund
Twitter: @fobsfund
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
E-mail: info@fobs.fund
Telegram Channel: t.me/fobsfund
Twitter: @fobsfund
Telegram Channel: t.me/fobsfund
Twitter: @fobsfund
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.