BTC 4H Analysis

17 thg 8, 2021

BTCUSDT is moving inside an ascending chanel with a rejection on 48k two times and a recent rejection on 0.5 fib resistance, also there's bearish divergence on daily. We could expect a little correction to 0.382 (42.6k) Fib level. From that we could keep going up to retest 48k or fall to the 40k zone wich is a demand zone.




I'm pretty new in TA any criticism is acepted, and it will help me a lot!