BATUSDT MACRO SETUP
NEXT consolidation 4-7, which is 1:1 extension of the previous move.
Extension 1.41 will be at $12
Extension 1.618 will be at $20
Therefore $12-15 could be a good range for bulls to derisk.
Breakout below macro support 0.5-0.40, could lead to a bear market continuation to retest the bottom
NEXT consolidation 4-7, which is 1:1 extension of the previous move.
Extension 1.41 will be at $12
Extension 1.618 will be at $20
Therefore $12-15 could be a good range for bulls to derisk.
Breakout below macro support 0.5-0.40, could lead to a bear market continuation to retest the bottom
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