Today BTC will make a move that will show nearest future. It has been moving in this triangle for a while and now it cam to a cross with descending coming from 25th of July. are not so strong as horizontal SR lines but I noticed they act as SR lines as well in case they are based on some major ATH point. So today price went down and touched triangle lower border as well as green . Bounced back up, but so far no one can be sure if it finished falling or not. I’ve marked some targets both for bear and bull situation. Trade safely, keep an eye on BTC and have tight SLs as you know how this bastard moves – with long long candles crushing all the longs/shorts on its way.
Day chart for overview of lines and situation in general.
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