BTCUSD REACTING TO PREVIOUS MONTH MID LINE

Would Bitcoin sell off from the previous month mid line?


Well from my analysis, as Bitcoin price reached the previous month mid line and formed bearish engulfing candlestick, also keeping in mind no need low or High Is formed yet , this month, I see a High probability of price selling off from that zone since YL is broken in H4 timeframe.


Let me know your take on this!!


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