BTCUSDT Update: Dip Zone 2023/07/10

2023年7月10日

The orange lines were the dip zone levels from my previous post. It showed that the price reached the Dip Zone 1 and almost touched the Dip zone 2, and afterwards, the price hovered at the 50% level. Based on the re-calculation, the indicator determined the next dip zone levels (green lines), but this time, if you could notice, the spaces between the lines contracted. This may indicate a sign of strenght. The price dipped in all levels and the price formed a new higher high when it broke the resistance level. At that point, I sold my dip level positions and made 30% profit. I made another calculation which is shown now in blue, with corresponding resistance and dip zone levels. This indicator may be telling us that the price may potentially dip at level one, but there is a probability that it may also dip at level 2. There is a way to find out of this is going to happen or not. I will let you know my strategy soon! please keep following.

/please DYOR/trade at your own risk