BTC has broken the parallel channel (and so did RSI).
It's now back testing the channel. I think that it will go down to 26K-25K to fill the CME gap.
I expect also a big pullback once it will be that low.
It's now back testing the channel. I think that it will go down to 26K-25K to fill the CME gap.
I expect also a big pullback once it will be that low.
Comment:
BTC has been going down and tends to reach 25K. We can see Lower there is a "High-Lower Low" formation.
Comment:
I means: There is a "Lower High-Lower Low" formation.
Trade closed manually:
I just realize that if we look at BTCUSD pair (not BTCUSDT used here in the chart), the wick is down to $25300. So for me, this prediction is done here.
