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Kryptochristian
Jun 19, 2021 5:23 AM

#BTCUPDATE - 19.6.21 

Bitcoin / TetherUSBinance

Description



As per yesterdays analysis if a breakdown happened and 35k was filled.

Currently quite heavily oversold so expected bounce to occur here at 35k potentially to as high as 38k although be careful as this will be printing a Head & Shoulders pattern imo so could see a heavy dump follow that to potentially 31K again

Breaking down here on the 35k will very likely continue down to about 31k/32k region. as there is very little support down to there.

Looking pretty bearish short term but following the ranging pattern pretty closely- I don't expect it to break down below this though 31K support and that would probably be the time to start looking again at buys.
Comments
lordvalium
amazing TA :)

all the best
UnknownUnicorn14679555
But if it break 38 and close above 40 it would be be inverse h&s , moon next
Kryptochristian
@ksqndx2pqq, we can only hope - the longer term sentiment isn't really favoring us unfortunately though
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