Bitcoin / TetherUS
Long

BTC: Price to 134,500$ , FVG, Fib 0.5 and 0.618 ratio ?

50
Price to 134,500$:

Bitcoin is now moving in a triangle pattern, which is getting smaller. The price is around $107,758. Here is possible move is a breakout to the downside first, where the price may drop to fill the "Fair Value Gap" area, which is marked in purple. This area is between the Fibonacci levels of 0.5 and 0.618. After that, Bitcoin could go up again and reach the price of $134,000.

Trade Ideas:

I marked 2 areas with arrow let the price reach here and wait for confirmation in both areas. Specially in Fair Value Gap area.

Trade Signal:

I will provide both trade signal here so follow my account and you can check my previous analysis regarding BITCOIN. So don't miss trade opportunity so follow must.


BTCUSDT BTCUSD BTCUSD BTCUSD BTCUSDT.P BTCUSD BTCUSDT.P BTCUSD

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