BTC is currently in a channel We are at a decisive point right now If we manage to break the down trend, we should expect a move to resistance trend of the channel If we break down we should expect a move to support of the uptrend on the daily timeframe
Not
Zoomed in on the hourly timeframe we are in a symmetrical triangle
Not
BTC chose to go down and we are at support trend on the daily We have strong support here, bullish RSI divergence and oversold we can expect a retrace to $7386 at least it is likely to have a reversal on the daily TF but we need more information to have an idea about that
Not
We didn't manage to break $7270 resistance and the sell-off continued Now we have bullish RSI divergence, RSI on the 4h TF oversold If we manage to break $6800 resistance we should expect a retrace to $7083
Not
We didn't manage to break resistance but It looks like BTC is forming a falling wedge right now If we break resistance trend of falling wedge i expect a strong move towards the downtrend
Not
Falling wedge didn't play out We have some random price action going on last few days let's wait for more information
Not
If 6.3K support is broken, expect more downwards movement
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