LEGENDARY ANALYSIS

Welcome! This is my first analysis of #Btc/usdt. In this idea, I will show you a possible short or also a possible long position. If we draw at the indicator a trend line from the highest point to the next, it shows us approximately how much room the price has to fall. Historically, whenever BTC has been at a channel support and the indicator showed a fall gap, it has subsequently gone up. However, right now we find that BTC still has room to fall and has broken the support of the channel. Therefore, it is likely to go to the next support in the range of $12,500/$10,500. After falling to that area, it may develop a rise towards the area of $17,000. I wish you a Merry Christmas and a Happy New Year!