A break of a parabola, usually comes with a correction of at least a 60% of the entire structure, that points to the 14 area.
The MA20 in weekly chart, that's been a key support for the entire btc history, is currently at that point too, in synchrony with the biggest parabola I shared some weeks ago.
And that's too the 2019 high, around 14k area, so that's the area I will be looking at as the key support and the one I will be buying hard.
And below that, key daily OB, above the weekly range that I don't want to lose. If price close below and not recover that would be a really bad signal... but nothing to worry about jet, this for now is just a healthy pullback after 8 weeks of crazy bullrun.
The MA20 in weekly chart, that's been a key support for the entire btc history, is currently at that point too, in synchrony with the biggest parabola I shared some weeks ago.
And that's too the 2019 high, around 14k area, so that's the area I will be looking at as the key support and the one I will be buying hard.
And below that, key daily OB, above the weekly range that I don't want to lose. If price close below and not recover that would be a really bad signal... but nothing to worry about jet, this for now is just a healthy pullback after 8 weeks of crazy bullrun.
