Bitcoin / TetherUS
שורט

Simple is better

263
Prices is still below:
Head and shoulders trendline
SMA 20w
Corrective bearish channel
Influence of a bearish triangle

What supports price:
Strong support of 29k-30k
SMA 50w

Nevertheless, I believe the rebound from 30k didn't have enough bullish rection, plus the last dip had not enough volume, so I think the price will be guided down by the bearish triangle.

What is my objetive in the following weeks?
20k is a very strong support supported by last ATH and SMA100w, plust it keeps a beautiful uptrend medium channel
If it breaks down, ultimately the next support would be 13.5k, as it rest on SMA200w that is proven to be an extraordinary support.

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