Category: Tether (USDT)

BTCUSDT | 4H 535 Correction Complete | Target: 17.3k

BTCUSDT is close to completing it’s 4H 5-3-5 corrective wave. The initial 5 wave led to 40% reduction in price and bottoming out at 11.2k with a subsequent 3 motive wave rebound to the 1.618 fib level at 16.5k. The final 5 corrective wave has been a muted with sideways motion indicating a shift from bear to bull. The final leg could be truncated and retrace to the …

This article was originally published on: The Tether Blog on