August 17th
Chapter 2
The analysis we made last week is still up to date. That's why we're only going to make a small update in a small time frame for this week.
We've talked about the opportunity to create a deflection field and withdraw to EQ level. Exactly this movement happened and gave us small-scale trading opportunities.
Let's examine our graph.
Bitcoin / USDT 12-Hour view
https://www.tradingview.com/x/mpcGiIL5/
1- The thing we need to pay attention to is that the price loses the Fib:0.5 region. If the price loses there, a withdraw will begin for the purple box at the bottom left.
2- If it goes above the Green line, which is above, it will initiate a movement for 26,000.
