K11vin

BTC USDT Daily (Right Shoulder Formation) ?

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BINANCE:BTCUSDT   Bitcoin / TetherUS
This is my continuation pattern trend from previous BTC charts for the 20k retracement.

A Bounce off the current dip on the middle trend line upto 54 / 55k to form the Right Shoulder and then the test on the neckline, retest on the neckline and then the bigger retracement down through the Fibs back to 20k.

Daily chart and a few more weeks for the cycle trends to work its way up and down.
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