Hi, let's see what BTC looks like. The 4H graph shows that the BTC is enclosed in a triangle from which it will soon fall out. Currently it is 50% to 50%. If we get higher from the triangle, an ascending channel will be created, which we will test at the 42K level. In my opinion, 42 K will be a strong resistance. Since I think it could all fall apart 42 after reaching the resistance of 42K, currently 42K is an important limit that will show us the future direction of BTC.
Resistence - 42 K this is key level
- 46 K
-50 K
Support - 35 K
- 30 K
-20 K
Resistence - 42 K this is key level
- 46 K
-50 K
Support - 35 K
- 30 K
-20 K
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In-zoom
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In-zoom 3min chart. Small H&S coming, it can take us lower.
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if we will drop lower reed line we have a trable and it can go to 30 K.
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My idea of direction for now.
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exactly go to buy zone of wave 2