Bitcoin / TetherUS

#BTCUPDATE - 19.6.21

482


As per yesterdays analysis if a breakdown happened and $35k was filled.

Currently quite heavily oversold so expected bounce to occur here at $35k potentially to as high as $38k although be careful as this will be printing a Head & Shoulders pattern imo so could see a heavy dump follow that to potentially $31k again

Breaking down here on the $35k will very likely continue down to about $31k/$32k region. as there is very little support down to there.

Looking pretty bearish short term but following the ranging pattern pretty closely- I don't expect it to break down below this though $31k support and that would probably be the time to start looking again at buys.

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