📊BTC.D - About to reach major support. Possible shakout
After breaking the baseline of previously formed Head & Shoulders the value is now about to reach an important level (~42.8) which was set by me as a potential target, although there's more potential for this drop (41.46). Nevertheless we can still expect a small shakeout on alts very soon, once the "more conservative" target is hit.
The best case scenario for all altcoin holders of course would be to break through this level with no stops whatsoever, but we'll see what happens!
Please check out my other publication from today as I think it helps getting a better narrative (USDT.D- see related ideas)
Best of luck 🤗
The best case scenario for all altcoin holders of course would be to break through this level with no stops whatsoever, but we'll see what happens!
Please check out my other publication from today as I think it helps getting a better narrative (USDT.D- see related ideas)
Best of luck 🤗
Related publications
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