BINANCE:BTCUSDT.P   Bitcoin / TetherUS PERPETUAL CONTRACT
Bitcoin after 222 days range hit 27 zone. Now I would like to see correction BTCUSDT.P

Possible Targets and explanation idea
➡️Over 200 days in a range! We move impulse sideways Impulse.
➡️Its a daily timeframe only local zones. Main zones 48-52K by end of year or April May 2024 still relevant
➡️Now we are in a market stage when Bears and Bulls will loose the money
➡️Consensus about "we can't move higher" will be soon from both camp
➡️in a range we got deviation at the top of range and deviation at the bottom
➡️Impulse up, sideways and last impulse to 27 zone work almost in 99% cases like a clock)
➡️Healthy correction will be to 0.23 zone and good correction block for futures marked with SL.
➡️On MP indicator you could see how whales fix main % of position on D tf, then RSI div on daily and continuation of fixations.
➡️ Waiting on D blue zone of money inflow. I think its can took just a week or so before continuation of main trend


Hope you enjoyed the content I created, You can support with your likes and comments this idea so more people can watch!

✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.

---

• Look at my ideas about interesting altcoins in the related section down below ↓
• For more ideas please hit "Like" and "Follow"!

🔥Indicators Set - t.me/crypto4light/2155
✅Youtube- www.youtube.com/crypto4light
💰Join in tg channel - t.me/crypto4light
🐦Follow on Twitter - www.twitter.com/vladi4light
📊Max Discounts lnk.bio/discount4light
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.