Key takeaways:
1)
Breakthrough down trend, preferably re-test and convert it to support
2)
Major S/R levels at
$28k
$35.5k
$41.8k
3)
Watch out for the dotted mid-level of parallel channel to be a resistance,
price should meet it at around $35.5k
4)
Price going into $18k-$16k is RISKY TERRITORY as it is a strong S/R level
Close below $16k would be bad BTCUSDT BTCUSDT
1)
Breakthrough down trend, preferably re-test and convert it to support
2)
Major S/R levels at
$28k
$35.5k
$41.8k
3)
Watch out for the dotted mid-level of parallel channel to be a resistance,
price should meet it at around $35.5k
4)
Price going into $18k-$16k is RISKY TERRITORY as it is a strong S/R level
Close below $16k would be bad BTCUSDT BTCUSDT