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BTC (Y20.P5.E15).Price Action scenario's

Bitcoin / TetherUS (BINANCE:BTCUSDT)  
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Trend Analysis Chart Patterns Technical Indicators BTCUSD BTCUSDT Bitcoin (Cryptocurrency)
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trendanalysis chartpattern indicator btcusd btcusdt bitcoin
Ref. z.chart

Hi All,

We can potentially find support here and keep this line as the trend. (ref.D.chart)
snapshot

The other scenario is the price action where the orange box area is the target.
It has confluence with many elements, MA, Fib Levels, CME and NasDaq gap. These elements explained in the previous post


snapshot




Regards,
S.SAri


Previous post related to this top formation
Is ALT season coming upon us?
Commento:
Commento:
Commento:
Perfect with the current chart where the target matches the height of the triangle
snapshot
Commento:
Commento:
hidden bullish divergence
snapshot
Commento:
The bullish scenario, support at this level otherwise a deeper pullback if this doesn't hold.
snapshot
Commento:
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