Hey friend, Btc view is a bit difficult right now as we are at major decision zone.
As we can see price still holding firm within the which is a potential BEAR sign. Presently, price is trading near the top zone of the which will surely find its way out soonest.
Therefore, the whole idea here is to prepare us for the expected drop target from the should incase it break down as expected.
Important to keep an eyes on are shown here.
Possible road map if our immediate support hold the price up.
Moreover, the oscillating indicator is extremely in red zone which is in nature. If all work as expected we should see some decent correction soon on BTC .
Do take note of something important, the whole world is watching same pattern right now, I believe you guys understand this, I expect some major stop loss hunting so prepare for the worst, if you are planning to short the setup.
Best stop loss should be place above 76xx zone.
Kindly go through the chart and do leave us your comments to let us know how you feel about our view,
Moreover REMEMBER to appreciate our effort with your likes and always subscribe(Click follow) to our profile for fast and quick daily updates on all our trading ideas