AleksDu

BTCUSDT local growth within the correction of the downward movem

BINANCE:BTCUSDT   Bitcoin / TetherUS
Globally, we have broken the trend line, do not forget about this. For those who do not know this, it means that we have a very strong signal for a trend reversal.
Now I see local growth within the correction of the downward movement towards the resistance line.
I expect increased volatility soon. It is important to analyze where the price will gain a foothold. After exiting the global range and fixing below it, trend movements are expected. I am more inclined to the global short, but the market is likely and it is better to wait for additional confirmations to determine more accurate volatility.

Briefly about the situation, now I'm waiting for the growth to the resistance level (RETEST) and then I'm waiting for the decline.
I will enter after rebounding from the resistance level.
Cancellation of the breakout scenario and fixing the trend lines, we have it at the level of 1100.


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