Updated

BTC (Y20.P5.E15).Price Action scenario's

Ref. z.chart

Hi All,

We can potentially find support here and keep this line as the trend. (ref.D.chart)

The other scenario is the price action where the orange box area is the target.
It has confluence with many elements, MA, Fib Levels, CME and NasDaq gap. These elements explained in the previous post

Regards,
S.SAri

Previous post related to this top formation

Note

Perfect with the current chart where the target matches the height of the triangle

Note

hidden bullish divergence

Note

The bullish scenario, support at this level otherwise a deeper pullback if this doesn't hold.

Note

ssari

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BTC (Y20.P5.E14).TA on Price Action

by ssari

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ssari

Discord: discord.com/invite/vb4hbP88vb (TradeToProspa)
Telegram: t.me/TprospaTradersbot
This community has signals now but with no risk management comms.