$BTC, Broke down ascending trendline...

$BTC

Broke down ascending trendline that was acting as support of the 7k --> 9k movement..

I'm looking now for a correction with target at ~8200$ prior a new impulse to retest ~9k

UCTS Sell signals across multiple LTFs signaling the correction (HTF still bullish)

#BTC

Commentaire:

update on $BTC

Still bouncing between ~8800/8600$ with multiple tests of the lower. (matching EMA50 on the H4)
Remember, every test of a support or resistance makes it weaker. 🤔

On my eyes, ~8200$ correct still in play while UCTS at HTFs is still bullish..

Wait for it..
#BTC

Commentaire:

update on $BTC

Finally breaking down from the ~8600/8800 with UCTS Sell signal active on every LTF..

Currently 4% down since our entry, aiming for ~8200 as 1st target (Matching EMA200 on the 1D)

#BTC

Commentaire:

More
update on $BTC

Reached ~8200$ target and bounced back up quickly toward the grey area where it hodled between 8600/8800...

If it get rejected from here (S/R), we may see further downside with a potential target at ~7800$

#BTC