BTCUSDT 4H short-term forecast from Wunderbit
CCI out of the -200 zone. High probability of rebound.
After moving in a channel between 1 and 1.6 according to Fibonacci, working off the level 2.618.
Empty area by volume profile. If 2.618 is not held, then there is a chance of going into the 50,000 zone.
Globally strong level.
If the daily candle closes above the level of 63500. Then the squeeze can be considered a manipulation to knock out stop-losses before growth.
There is no reversal formation at the moment. Therefore, we cannot know that this is 100% bottom.
Downward movement and divergence drawing are also possible.
Waiting for a reversal formation (divergence).
CCI out of the -200 zone. High probability of rebound.
After moving in a channel between 1 and 1.6 according to Fibonacci, working off the level 2.618.
Empty area by volume profile. If 2.618 is not held, then there is a chance of going into the 50,000 zone.
Globally strong level.
If the daily candle closes above the level of 63500. Then the squeeze can be considered a manipulation to knock out stop-losses before growth.
There is no reversal formation at the moment. Therefore, we cannot know that this is 100% bottom.
Downward movement and divergence drawing are also possible.
Waiting for a reversal formation (divergence).