The bounce to ~$30 did not take out the last 4H lower-high (~$30.6–$31). Until that breaks and holds, structure is still down.
This preiction is valid unless price closes above the flag’s upper trendline / last LH (~$30.6–$31). A breakdown from the flag puts the usual magnets back in play:
$28.40 (0.382) → lose it on a 4H close and the path opens to
$27.9 / $27.3
$26.0–$26.6 (0.5 + prior pivot)
If that fails: $23.6 (0.618).
Extreme measured-move risk from the full pole points toward $20–$21 (low-probability unless BTC/ETH crack).
This preiction is valid unless price closes above the flag’s upper trendline / last LH (~$30.6–$31). A breakdown from the flag puts the usual magnets back in play:
$28.40 (0.382) → lose it on a 4H close and the path opens to
$27.9 / $27.3
$26.0–$26.6 (0.5 + prior pivot)
If that fails: $23.6 (0.618).
Extreme measured-move risk from the full pole points toward $20–$21 (low-probability unless BTC/ETH crack).
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.