3 touches on the trendline now. If it continues to hold as support, we may see a correction.
I think we will see btc test that 618 resistance level soon, which is around 51k. The H&S pattern on 30 min chart:
BTC is retesting the lower trendline (previous support) after breaking below it. As of now, this trendline is acting as a resistance, and if it continues to do so, we might be headed into the 46k range. Yesterday I made a post saying BTC was gonna bounce off the bottom of the parallel channel and it did. Now its near the top of the channel so that's another...
Expecting BTC to bounce near the diagonal support. Don't take this as financial advice because I have no clue what's going on.
BTC is having some difficulty staying above 618. A pullback here wouldn't be surprising.
Expecting a retest of SMA 50 (about 45500) before we drop lower (43k being the next potential target)