BTCUSDT: Be Careful Friends! - Potential 25-40% Correction
If you look at the decreasing volume on the daily vs. the increasing price, BTC is due for some MAJOR action.
In my opinion this action could easily go to the downside due to the obvious divergence.
Given it confirms, I see 2 major support levels - 6900 USDT on the lower and 7500 on the higher end.
These support levels were the last strong ones before the divergence kicked in which makes them likely to be the levels to look at.
In my opinion this action could easily go to the downside due to the obvious divergence.
Given it confirms, I see 2 major support levels - 6900 USDT on the lower and 7500 on the higher end.
These support levels were the last strong ones before the divergence kicked in which makes them likely to be the levels to look at.