MATHR3E

$BTC Bears taking control? #Sequential

Short
BITSTAMP:BTCUSD   Bitcoin
$BTC Finally reached the target zone defined in March 2020.
Now we are struggling below 10K with resistance levels and exhaustions points on multiple Time Frames:

Weekly:
Currently at the top of a symmetrical triangle combined with a Sequential S13 exhaustion point.
A retest of the middle line of the symmetrical triangle is possible at the moment (@7K)

Daily:
Struggling around TDST Resistance and recently printing an Exhaustion Point S13.
Another bullish countdown is still in play (6/13) so there is still small hope for bullish continuation.
TDST Support is @7K also coinciding with the middle line of the Weekly Triangle


4H:
Multiple Exhaustion points too.
It seems S13 was missed @9.800 USD
Now we are kinda losing TDST Support
RSI is Bearish


1ST target would be around 7K
2ND target TBD...


Enjoy!

MATHR3E


Sequential indicators:

  • MATHR3E TD Multi Sequential

  • MATHR3E TD Setup Trend

  • MATHR3E TD Sequential Fibonacci Extension

  • MATHR3E TD Aggressive Fibonacci Extension

  • MATHR3E TD Combo Fibonacci Extension

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