BTCUSDT signaled a few days ago that it respected the resistance of 51937 $ and will test the resistance of 45k.
We also have an outline of an LTB, forming a descending triangle with the supports below it.
To strengthen the signal, the RSI of 14 is forming descending tops and demonstrating that it will respect the resistance of 58.14
Parallel to this, Tekan-Sen...
This chart is a treasure map, all could happen, it only delimite some zones that is relevant in my vision.
Following some important zones explanations. I don´t believe in support and resistance lines, but in zones (areas).
Explanation for areas (zones) :
I believe in the current moment we are not in a downtrend, but it is a correction of a violent pump...
Btc clearly performed a double top pattern and is looking for it bottom. This is something obvious. But, what will be the floor of the BTC? Here comes a mixture of patterns to try to find out.
I didn´t post on this chart, but BTC is in an eliot flat (3-3-5), simple or expanded patch. pbs.twimg.com