Gunslinger2005

Coming weekly close pivot correction warning BTC bitcoin

BINANCE:BTCUSDT.P   Bitcoin / TetherUS PERPETUAL CONTRACT
So if price makes no new higher prices by sundays close. there will be a very high % chance that we strike this purple line "next pivot" a few thousand lower. generally, this point on daily weekly monthly get tested like magnets over 90% of the time. Either way. if price drops by Sunday close. this purple incoming line drops with it to a certain point. If we begin making new highs prior to Sunday close... the retracement will be about the same in size... but from a higher level.


Stay safe

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