I think it's going to be head and shoulders. If the price retest at monthly support trend line, I am in 50%, with 50% more after price movements (anticipated the trap)
It looks like hidden bearish, Price lower high and rsi higher high. But it can't be happened unless the price can stay above at $44k
SO BTC is in the important position, I currently didn't trade at this time until the candle get a trend back
You can take a risk in every trend line support. Watch a bigger time frame, we really need huge volume (buy) now
Wait more candle to confirm. If we got rejected, I guess it will be dumped into ~44k (new LL)
Do Your Own Research Buy Zone ~44,5k - 45k (worst case ~42k). As the price too many rejected at ~48k, we are going to make new LL. soon the price will recover and going back to test resistance (~48k). Once it break, we are going to the moon hodlers~~
As I mentioned earlier, the price got rejected. We see the price isn't drop below the daily support, so hope BTC can go to the resistance level at ~48k. If we got rejected at ~48k again, probably we will see ~44k or even worst ~40k