Weekly Looking at our highest timeframe we can see our trend looking to form a lower low after breaking through our major support zone at 30000 satoshis, Expecting price to drop towards 20000 and find support at this level. Stochastic RSI showing momentum continuing towards the downside.
Daily Shifting over to our pattern timeframe we price has reached our 20000 support zone, momentum slowly starting to shift towards the upside. Should be seeing a bounce off this level only to reach our resistance at 30000. Expecting a retracement at 30000 down towards our major support only to form a higher low.