So looking at this 15mins Tf,btc is also forming a likely IHS pattern which can indicate an end to its mini pb.
This is also coming up on the 15mins tf of most Alts.
Now interestingly for Btc, that price area is holding support on a resistance areas of 10-11th of May 2021 respectively and also right on top 21 EMA on a DTF. It is very important that this probable support areas hold or worst case scenario, 58K and then a weekly closing to about 63k(See bearish
hammer on the weekly
If this breaks further down, i think we might be looking at btc trading a bit sideways in between 60k and down to like about 52k before retesting 67k
This is also coming up on the 15mins tf of most Alts.
Now interestingly for Btc, that price area is holding support on a resistance areas of 10-11th of May 2021 respectively and also right on top 21 EMA on a DTF. It is very important that this probable support areas hold or worst case scenario, 58K and then a weekly closing to about 63k(See bearish
hammer on the weekly
If this breaks further down, i think we might be looking at btc trading a bit sideways in between 60k and down to like about 52k before retesting 67k
