BTCUSD pt. 1
If price breaks the green line I expect it go up to the price range with top being that white line.
And then going down to around fib 1.272, red line is the closest support level to that fib level. around 29k price can turn around to go back up.
On 1 month chart I see a big H&S, if this is valid BTC will collapse and
TSLA with it, if TSLA doesn't go down first taking BTC with it.
This is a long term IDEA to fully prove it wrong or right, it can take about a year.
Good luck and trade safe!
And then going down to around fib 1.272, red line is the closest support level to that fib level. around 29k price can turn around to go back up.
On 1 month chart I see a big H&S, if this is valid BTC will collapse and
TSLA with it, if TSLA doesn't go down first taking BTC with it. This is a long term IDEA to fully prove it wrong or right, it can take about a year.
Good luck and trade safe!
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