There is a clear Fair Value Gap that is around $19550- $19600. The close of the current 4 hour candlestick will prove whether price is willing to continue the rally till the rest of the day or if the next 4 hour candlestick will post the High of the Day.
Once price reach Fair value, I will be looking to short BTCUSDT targeting the lows around $19100 price levels. Price is highly likely to drop further before price action becomes bullish for the rest of the trading year (Q4) since the seasonal tendency for USD is usually bearish in Q4 therefore making alternative investments bullish during that quarter.
Once price reach Fair value, I will be looking to short BTCUSDT targeting the lows around $19100 price levels. Price is highly likely to drop further before price action becomes bullish for the rest of the trading year (Q4) since the seasonal tendency for USD is usually bearish in Q4 therefore making alternative investments bullish during that quarter.