Green box would represent more than a 50% retracement from ATH. Upper bound around $33k and lower of $30.55k. $33k would be a support line from June and July of 2021. Lower $30.55k is a long term support line for Coinbase listing lifetime. Last time this line broke was the breakout of the $20k resistance. If BTC falls through that, back to $20k by end of Feb 17-Mar 05 look for a buying opportunity at $3400. Yes $3400 cause its all ugly below previous ATH from 2017.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.