Bitcoin / TetherUS
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BTC Fake BreakOUT and Price Prediction

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As it is known from the upper band of the channel we are in, the 200-week simple moving average and even a solid horizontal resistance area , we were rejected with the contribution of the deathcross realization and the negative discrepancy in the relative strength index and price correlation on the daily timeframe .

The predicted decline and reaction rise areas do not seem to be very pending.

As I expected, the main decision area seems to be around $18,500.

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ノート
The target area was reached with perfect precision.
The short position is closed.
Beyond Technical AnalysisBitcoin (Cryptocurrency)breakoutBTCdeathcrossHarmonic PatternsLONGmovingavarageParallel ChannelshortsupportTrend Analysis

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