Fundamental BTCUSDT Pair Analysis of 2022 Last Quarter phase
Our market analysis shows that we have reached end of the BTC-DEAD cycle period for BTCUSDT pair .
We expect sharp rise to 20,500 mark within couple of days, then slight retraction to 19,300 level and next pull towards 25,000 whereby new support levels will be established for long term bull market.
We also expect altcoins to follow similar pattern as mentioned and gold commodities to take inverse pattern as usual.
- Green line indicates strong oversold consonant with blue line which indicates demand for SHORT positions in the market is reducing proportionaly.
The symmetry alights over weekly period for Price Action of the Asset hence indicating strong market reversal is imminent
We expect sharp rise to 20,500 mark within couple of days, then slight retraction to 19,300 level and next pull towards 25,000 whereby new support levels will be established for long term bull market.
We also expect altcoins to follow similar pattern as mentioned and gold commodities to take inverse pattern as usual.
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