#BTC The market continues to look at the daily chart. After breaking the important support at 110k, although there was an AR rebound, it has not been able to break through the mid-line resistance on the daily chart. We continue to see support around 101k in the shark pattern. Consider averaging down near this level, and set a stop-loss if it breaks below 100k. If you understand, like and reply with 1. If you want to see other coins, just leave a message.
#BTC After the price surged and completed the crab pattern, it has retraced to a very critical support level. Let's take a look at the 4-hour and daily charts, and please support with a like if you find this helpful.
- 4h: Currently, there are two support levels: one is around the ice line at 11,200, and the other is around 110,000 for the shark pattern. If these levels hold, we can expect a bottoming and rebound.
- Daily: If it breaks the support, we will directly look at the shark pattern on the daily chart around 101,100. There's no need to panic; reaching that level would be a better entry point.
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