Once our 31K OP target has been hit - BTC starts to show tactical signs of weakness. It is vital for BTC to stay above 25.5-26.5K support area to keep major upside trend with 36-38K destination point. Downside breakout of 26K support level could significantly increase chances on downside acceleration.
In very short-term, we consider first step of downside retracement to 28.3K support area, in a way of puny H&S on 1H chart. Once it will be completed - our focus will turn to next one, large 4H H&S pattern and 26K support area, which also should become a neckline for big pattern.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.