Bitcoin 4H chart has a Bearish break. Weekly candle closed with a bearish candle So we have two targets $36,300 ,$33,000 or last month's support There's a 4HBeOB and BMS also RTO which looks valid and may be the best entry for short. There's also the 1HBeOB .
Starting with an uptrend, price action reacted to it trading it as a bullish channel. Then there's a downtrend, which has dragged price down for a new monthly support inside it is a ranging channel in which a breakout should act on soon then we'll trade the bearish channel as expected. Just an idea of what i think will happen
A bearish triangle is formed in a downtrend which was confirmed on higher Timeframes indicating that it's a strng bearish signal for shorting ETCUSDT. The green marked out lines are my area of target, i'm open to any correction from anyone. thank you.