If we had closed below 11.3k, it would’ve been a very clean candle – .
Key level to break is 12.1k. Breaking above it would be extremely .
On the daily the price is still in a huge .
As long as we are below the top of the channel, a return to the bottom of it is on the table.
What we are very likely to see is a retest of the Adam & Eve neckline at 10850. This level is remarkable, because it has acted as a strong since late June. Now it is strengthened by MA30 & EMA30 coming there.
Second area of our interest is marked whit a green ellipse. It’s close to the bottom of the channel + MA128.
All this projected BTC action is pretty much in line with what we are seeing on BTC dominance and top Altcoins. BTC dominance is going to top this week and Alts are showing that they are due for a good bounce.
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The information given is never financial advice. Always do your own research.