theansweris42

Candidate Leading Diagonal: Wave 2. Dump incoming

Short
BINANCE:BTCUSDT   Bitcoin / TetherUS
Price is currently in Wave 2 of a leading diagonal and finding support at the lower boundary of the vestigial base channel from February 2019.

The outlook right now is most definitely bearish in the near-term. Watch for the 50% and 61.8% fib levels for a bounce.

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