BTCUSDT big drop in 4 steps, step 1 underway
The first phase of the big BTCUSDT crash that I announced in one of the previous ideas is underway.
The price failed to break the red resistance line, continued to fall and confirmed the validity of the orange megaphone pattern. I expect that during this or next week the price will drop to 50.000, so step 1 would be confirmed (retesting orange resistance line).
After that I expect a retracement and then a breakout orange resistance line and a further drop. This would start step 2.
Disclamer: This is not financial advice.
You trade at your own risk.
The price failed to break the red resistance line, continued to fall and confirmed the validity of the orange megaphone pattern. I expect that during this or next week the price will drop to 50.000, so step 1 would be confirmed (retesting orange resistance line).
After that I expect a retracement and then a breakout orange resistance line and a further drop. This would start step 2.
Disclamer: This is not financial advice.
You trade at your own risk.
Note
STEP 1 completed
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Publications connexes
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.