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BTC / USDT early signs for correction ?
Bitcoin / TetherUS
BTC / USDT early signs for correction ?
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2020年11月18日
6
8
8
2020年11月18日
Btc /usdt
🌟 Quick analysis 🌟
Broadning rising wedge detected clearly in 4h frames
You can see here the broadning wedge
1- Btc in the top of the wedge and rejected from upper trendline of the wedge
2- lot of green candels without healthy correction since 14k
3- Bearish candels start to appear
From all of above these can be eary signs of local top for btc to start correction at least mini correction
Possible levels for retractment : according to fibonacci
17400$
17070$
16740$
16260$
15660$
**Stability and close below the wedge can be extremely bearish to further levels below
Notice :
This is not a short signal
This is just to take care if you are in active alt trades
Good luck and happy trading 🌹
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