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thyobloye

Bitcoin Drop at Important Support

Short
thyobloye  
BINANCE:BTCBUSD   None
Trend Analysis Chart Patterns
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trendanalysis chartpattern
Since failed to hold 35k level now BTC sits at important support, the 200MA. The 55ema couldn't hold the price meaning that 35k level will soon broke down, and the retest to the 35k triangle is failed. This drop probably aiming the 30k psychological support and the importan 200MA.
Any rebound from 30k will test the downtrend channel back to 33k.
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