BTCUSD downside continuation ideas
1. Resistance at local high of ~24k
2. Resistance at ~29k
Confluence:
Bottom targets: 14-16k
2. Resistance at ~29k
Confluence:
- Trendline resistance from ATH
- 0.382 Fib resistance
- Major support on high-timeframe
- Completes Wave 4 of 1-3-5 elliot wave
Bottom targets: 14-16k
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