Bitcoin - where are the dump targets?

2023年4月15日

Hello, everyone!

Yesterday we finally received the insane short signal on BTCUSDT , but the 4h confiramtion candle was too big. That's why I waited for the pullback to $30500 to open short trade and now I am in position.

Where are the targets for this dump? First of all I want you to bring your attention to the "magic bullets", which kill every trend. We have the divergence with Awesome oscillator, fractal at the top, momentum change and the squar bar at the top. All these facts almost guaranteed the trend change, or at least a correction.

If we have the scenario where potential dump is gonna be the only correction, there is the clear target. 26500 - this is 0.38 Fibonacci retracement level and the target area of the lower degree wave 4. In case of bear market continuation we will definitely should see the 20k breakdown, but it's too early to talk about it.

Best regards, Ivan
______________________________________
Subscribe now and never miss an update 👍