BTC/USDT update (daily) : Current price : $33500 ⇨ After rea | Trader Square® - Fintech
BTC/USDT update (daily) :
Current price : $33500
⇨ After reaching its target of 1.618 on the ABCD move down, BTC is trying to rebuild.
⇨ It is moving in a range between the levels of 1.13 at the 39200 high bound and the 1.44 at the 33650 low bound.
⇨ We have returned to the low bound today, so a rebound can take place here with the first Target being the return to the high bound of the range.
⇨ We recall that the technical Target of the ABCD pattern is the return to the 61.8 of the last bearish movement towards the 51500 / 52000
Chart Daily technical target ABCD movement: https://www.tradingview.com/x/B2di4l0X/
⇨ In case of a range exit from the bottom, we would go for liquidity under the last low point at 30000
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