BitcoinLong
$BTC breaking through downtrend @ $23k and a re-test is good
Key takeaways:
1)
Breakthrough down trend, preferably re-test and convert it to support
2)
Major S/R levels [based on Fib Retrace] at
28k
35.5k
41.8k
3)
Watch out for the dotted mid-level of parallel channel to be a resistance,
price should meet it at around 35.5k
4)
Price going into 18k-16k is RISKY TERRITORY as it is a strong S/R level
Close below 16k would be bad
BTCUSDTBTCUSDT
1)
Breakthrough down trend, preferably re-test and convert it to support
2)
Major S/R levels [based on Fib Retrace] at
28k
35.5k
41.8k
3)
Watch out for the dotted mid-level of parallel channel to be a resistance,
price should meet it at around 35.5k
4)
Price going into 18k-16k is RISKY TERRITORY as it is a strong S/R level
Close below 16k would be bad
BTCUSDTBTCUSDT
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