Here we are looking at SNOW on the Daily TF.
I would like to draw your attention to the up sloping Yellow trend line.
If the price action closes below this trend line we can expect further downside action.
The next target for SNOW is to the Green support line.
Once the price hits the Green support line, you can look for a couple day bounce possibly back up...
Gareth Soloway recently expanded on his BTC $20K accumulation opportunity trade. Of particular note was the the $50K resistance area. If BTC trades above that area for several days, then a second leg up to $60K is expected. If it gets quickly rejected, then he's confident another big drop to $30K and then $20K is in the cards.
Others like Chris Vermeulen...
