BTCUSD: SHORTTERM H&S?
The yesterday mentioned "last supportzone @ 610" could be defended. The temporarily broken support @ 625 turned again into a supportlevel. The strong selloff to 610 was bought two times, a appeared at that Niveau. The double-bottom-move catapulted btc to it`s normal correction Niveau at 644 (fibo 0,5)
Now this Niveau (644) is central! This Niveau is corresponding to a possible neckline of the potential in the 15min Chart.
As Long as we trade below that Level, especially below 636, a new sellingwave can be exspected with TPs: 625 / 610. Prices abobe the neckline could indicate a shortterm longsignal with tps: 652/660. All my thoughts and illustrations of yesterday are still valid.
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