BTC breakout or breakdown?
these on the charts are weekly camarilla pivots. the blue numbers are upside and downside targets.
the upside. 2nd target would fall in line with a 3rd test of major trendline and may be the call to a larger dump if failed. or larger breakout.
the downside. falls in line with linear regression and current local downtrend as well as a minor CME gap.
H4 and L4 are breaking levels.
the upside. 2nd target would fall in line with a 3rd test of major trendline and may be the call to a larger dump if failed. or larger breakout.
the downside. falls in line with linear regression and current local downtrend as well as a minor CME gap.
H4 and L4 are breaking levels.
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