#BTC
Due to the fact that the parabola continued upwards and the normal slope of the
vector did not occur, I am cancelling the $19500 level. Provided that the ascent continues, people will not be able to buy so low.
Again, I see two options:• A quick retest of
$20500 to take fresh longs that were used to break
$21350 - $22400.
• A fakeout around
±$24k and a
retest of
$20500 to take fresh longs that were used to break through the
$22k - $23k levels.
Fixing below
$20.5k and tightening to
$19k - $19.5k will cause the vector direction to return to downward, where support for
$19k and
$18k will not save.
https://twitter.com/Temple_Crypto/status/1616790551487037440?t=q02kI_QlV0w-rw24FytPQA&s=19
