BTCUSDT LONG

22 Eyl 2021

Noticed a repetitive activity since the deep, from the spring below BTCUSDT experienced a jump to the area I tagged scenario 1 and then gave a nice uptrend channel which got invalid at the high with ? BTCUST could not continue with the same uptrend channel structure, it signifies weakness in buying pressure. After that price dropped and then gave a repetition of scenario 1 but this time facing the bear. In my opinion movement back to the current low signifies completion of imbalance-