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CharmingWolf
Aug 3, 2021 6:24 PM

BTC Continuation of Trend - $35,760 Next Bounce? Short

Bitcoin / U.S. dollarBitstamp

Description

Prepare for BTC to continue falling within this descending channel.

Fibonacci levels that we could consolidate at are $37,390 and $35,760.

$35,760 could be a strong bounce, but I do not see $37,390 being a strong bounce, mainly consolidation followed by a clear move to the up or down side.
Comments
tradeittsp
Good analysis
CharmingWolf
@goalanissi Thank you
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