BTC 2.4% drop before bull run 12 8 2022

If you love the spot-on analysis done so far, please boost, share, comment, and follow for more.

We are currently getting ready to test the $16,744 level. There is a high probability that we will bounce
off this level and bull run up about 5%.
*** Disclaimer: a second non-public chart layout was used to officially confirm this overbought point.

Safe points to take profit:
T1: 2.4%


Baseline Information:
The strategy used for this analysis takes into account the following factors:
Timeframe: 3min and 5 min
Symbols: BTCUSDT , ETHUSDT , BTCDOWN, and ETHDOWN
Exchange: Binance
Indicators: For obvious reasons, precise indicators names can not be provided, but this analysis makes use of VWAP , moving averages, and Fib charts.
Chart Count: 8

Disclaimer:
The information and publications are not meant to be or constitute financial, investment, trading, or other advice or recommendations.