BITCOIN / BTC / BTCUSD Short Time-Frame Analysis [SMALL RETRACE]

We can see that btc has been rejected from the accumilation before the ATH, after a bearish drop to another supporting level.

The area I want to watch is the level circled.
If it breaks this area, and retests with a volume confirmation, I am confident in it reaching the price target below (Green Box)
Please take in mind there has to be a volume confirmation.

If there is a fakeout on the downside (Stop Hunting/Train Track Candles) then there may be also a longing opportunity.
Keep Watch of the daily.

Seeya ;D

Comment:

lil' engulfing. 27365 may be a tp if support proves tough

Comment:

Analysis is still valid, however we probably will see upside to 27365 and then maybe a retracement, then watch this area again ;)

Trade closed: target reached