BTCUSDT: Weekly range still intact. OB at 24300 - 25250 holds...
BTC flash crashed about 15%.
We lost the weekly EMA21.
Weekly range (HoW and LoW) is still in tact though.
0.618 Fib level at 25.879 is acting as support for now (disregarding the wick).
The OB at 24.300 to 25.250 is holding (for now).
If that breaks more downside is to be expected. Target is the 0.786 Fib at ca. 20.000.
We lost the weekly EMA21.
Weekly range (HoW and LoW) is still in tact though.
0.618 Fib level at 25.879 is acting as support for now (disregarding the wick).
The OB at 24.300 to 25.250 is holding (for now).
If that breaks more downside is to be expected. Target is the 0.786 Fib at ca. 20.000.