3 key support levels to watch on a $BTC retracement today;
$10550; confluence btwn Teken Sen (current location) & .5 fib
$10250; confluence btwn Kijun Sen (likely future location), .382 fib, support found at this level twice recently, & support found on current uptrend line.
$9910; confluence btwn top of Ichi cloud (current location), .236 fib (exact), 1 prev support touch
Looks like $10250 is most likely to hold.
Plan to trade the channel btwn $10550 & $10250
Strong break south w/ mid-heavy volume I'll be holding out for the $9910
$10550; confluence btwn Teken Sen (current location) & .5 fib
$10250; confluence btwn Kijun Sen (likely future location), .382 fib, support found at this level twice recently, & support found on current uptrend line.
$9910; confluence btwn top of Ichi cloud (current location), .236 fib (exact), 1 prev support touch
Looks like $10250 is most likely to hold.
Plan to trade the channel btwn $10550 & $10250
Strong break south w/ mid-heavy volume I'll be holding out for the $9910