BTC/USDTPERP Binance

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BTC/USDTPERP BinanceBitcoin / TetherUS PERPETUAL CONTRACTBINANCE:BTCUSDT.PCryptoHellasBTC/USDTPERP #Binance #TA #Fibonacci 4H Hollows As it was expected in the previous chart the price did indeed enter the support area, so at this point we have the following conditions: first condition: the price is expected to move sideways within the support area as shown in the extension of the Fibonacci retracement. second condition: a parallel descending channel has formed, where if the price moves within the parallel descending, it will advance within the support area. if it does not break the support area, then the most likely is a rebound of the price, where the middle of the parallel descending channel will be broken. third condition: The price will continue to move within the parallel descending, until the price breaks out, either upwards or downwards. Fourth condition: The price, to move higher above $104,000 - $106,000, must break the upward diagonal line as we saw in the previous chart. Good Luck #CryptoHellas Team