BTC has touched monthly support and tested neck of the inverted H@S, target 41400.
BTC stuck between monthly support and monthly resistance for a long time, formed falling wedge pattern and when it will break 29800, 40700 is a matter of time.
I've mentioned already about inverted h@s and flag targets, btc moves towards them. Today, new month starts and there is some new information. Now BTC touched important monthly support 28600, formed megaphone pattern and bullish divergence on 4 hour chart. I think, correction is over.
BTC is forming bullish flag with break out level - 32300. When break, the next target - 42200, this level is also the target of inverted H@S. update of this idea