If dont break up the downtrend expanding channel, the trend continuation pattern, then there is a chance of getting a head and shoulders pattern with final target at 24k (CME gap) for a 3-6 month
Note
45k critical level, if lost, then the nearest targets are 39-35-31kNote
32300 critical next level, if lost, then 28-26-24Note
If bitcoin fails to close any weekly candle above 31500 then another medterm target around 19800Note
Bad closing of the month, waiting 14/12/9
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Disclaimer
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.