BTCUSD is approaching a major daily resistance cluster.
40,000 - 42,000 is a potential reversal zone.
To catch a swing move from that,
wait for a bearish breakout from the channel is formed on 4H.
We need at least a 4H candle close below its support to confirm a breakout.
Goals will be target 1: 36kx and target 2: 30kx.
40,000 - 42,000 is a potential reversal zone.
To catch a swing move from that,
wait for a bearish breakout from the channel is formed on 4H.
We need at least a 4H candle close below its support to confirm a breakout.
Goals will be target 1: 36kx and target 2: 30kx.
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