BTCUSDTHello everyone 😃
Before we start to discuss, I would be glad if you share your opinion on this post's comment section and hit the like button if you enjoyed it !
Just wanted to mention the quick note, If #BTC engulf below the mentioned zone, Then it'll drop to the tagged line for a healthy correction in my opinion..
Last time it didn't touched the line and now it just filled the gap above on CME's chart !
Also on 2H's time-frame :
It's moving in a based FIB's channel and according to our LTF plan, If the mentioned zone and line get engulfed; Then the direction would be like the above track on 2H's time-frame.
Hope you enjoyed the content I created, You can support us with your likes and comments !
Attention: this isn't financial advice we are just trying to help people on their own vision.
Have a good day!
Helical_Trades
Note
According to our last scenario, There's a chance for #BTC to breakdown below the broken rising wedge !
Also it can be an invalidation for our bottom retesting scenario in mid-term; So keep watching the workout and chart for next candle closes....
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.