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cryptokid1507
Jun 22, 2022 9:14 AM

BTC Retest Lows? Short

Bitcoin / TetherUSBinance

Description

Hi everyone BTC is looking like it wants to retest the lows by looking at the 4h.

The crypto trend indicator and the stochastic with a sharp negative slope looks quite bearish to me.

I think if it closes below 19850 there is a big chance of it retesting the lows before a bounce back up to 28000.

Overall - It could have a little bounce by looking at the 1h with the stochastic crossing up and hitting a little bit of support on the 1h but longer term is looking bearish.

Let me know your thoughts in the comments and like my idea!
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