[BTCUSD] LAST SUPPORT

As we said in our latest update, a return below support level (6.586) could have erased the last corrective leg. That said, on one hour chart we see the last support around 6.272.
If there will be a support breakout, we need to follow EW analysis, because from technical point of view, support breakout should develop wave (3) as shown in the chart below:

If this scenario were to appear, it could confirm our idea that we have already shown on TradingView some time ago, and that you can study it by clicking on the chart below:

(Click and Play on Chart)

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Thank you for support and trade with care!

Commentaire:

consolidation channel on one our chart....