BINANCE:BTCUSDT   Bitcoin / TetherUS
Before the break of this upper zone, the 18540, 17600 and 16490 correction is still possible. Checkout my previous post on BTCUSDT before we continue.
A short thread and self-explanatory thread below.
Comment:

Divergences on the 4 hour timeframe. Maybe it was not an obvious one though.
Comment:

Failure swing possibility on the daily which might likely form as head and shoulders, a bearish confirmation pattern.
Comment:
So that is the end of my analysis. I usually do this on my telegram channel to help fellow traders take appropriate decisions in the market. Link to my channel is t.me/markettfanalysis.

Don’t forget to also leave a comment below. Thank you.

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.