The corrective movement did not reach the support of the trend line at 4 candle time - this is the area of 27,500, so the probability of going to this value remains. I have indicated a triangle in which BTC can be for a while. The amplitude of fluctuations may begin to fade and we will see the limits of 30-36,000.
On the hourly chart, we hit the resistance of 36,000 and start trading under the trend line - this is the second sign of the continuation of the correction after the abnormal price movement on the daily chart.
Those who want to catch the movement, for now, need to focus on the area of the triangle, but if we get out of it, we will build a different picture of the likely development of the situation.
On the hourly chart, we hit the resistance of 36,000 and start trading under the trend line - this is the second sign of the continuation of the correction after the abnormal price movement on the daily chart.
Those who want to catch the movement, for now, need to focus on the area of the triangle, but if we get out of it, we will build a different picture of the likely development of the situation.