xuanhaimmoer

BTC/USDT - Parallel channel pattern

BINANCE:BTCUSDT   Bitcoin / TetherUS
Hi guys, in recent time I used to make less chart analysis than before because the signals of market is not clearly and all my last chart are all valid so all you can reveal them. I will put them in related idea in the last of this analysis.

So now we will talk about Bitcoin. We are side way very long time in 4H chart and last time we drop to 63xx and I also give you a chart in here:


Bitcoin is going follow this chart but this time I will update you more about indicators and which way Bitcoin can come after it touched 67xx. So easy for predict this time guys. for long I am not make sure about the way of market but in short term we have like this.

DMI 4c show bull is weaker than before and we are in down correction. RSI are break down the uptrend and I think when the price coem to 67xx , we may see RSI divergence in here and we have to break down the up parallel channel and come to 63xx - 64xx.

LIKE this post for support me and comment in below what thing you need make more clearly.

Thank all you guys !

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