Levels and trend line
short bounce assuming we dont break down. first target marked using width of cup
Assuming BTC doesnt die here again...
Were setting up for what could be an incredible fib EMA fan last one said to go short at 7700... 55EMA needs to cross over to bottom for confirmation
All indicators are pointing that were going down Heres the only scenario i see us going back to testing 7k
Assuming we dont break 7620 which would invalidate it
assuming 7700 level holds
Bullish divergence, RSI rising with lower price action 20 min squeezed and just fired long with CMF up and high = Lets Gooooo to VWAP
Break of 7508.5 will break channel and bounce to 50MA, followed by another bounce to VWAP
bounce off short trend line and bottom of descending triangle
bounce or break of descending triangle and trend line?
