BTC / USDT early signs for correction ?

18 พ.ย. 2020

Btc /usdt

🌟 Quick analysis 🌟

Broadning rising wedge detected clearly in 4h frames
You can see here the broadning wedge



1- Btc in the top of the wedge and rejected from upper trendline of the wedge

2- lot of green candels without healthy correction since 14k

3- Bearish candels start to appear

From all of above these can be eary signs of local top for btc to start correction at least mini correction

Possible levels for retractment : according to fibonacci

17400$
17070$
16740$
16260$
15660$

**Stability and close below the wedge can be extremely bearish to further levels below

Notice :
This is not a short signal
This is just to take care if you are in active alt trades

Good luck and happy trading 🌹