We‘re about to lose major support, but that‘s not all.
We‘re also retesting the support of a major bullish pattern!
Spectate - let the weekend pass. Don‘t fall in the CME gap trap on Monday.
Keep watching the weekly chart too, if we stay above 200MA there we‘re BULLISH.
If weekly close is below it‘s still not over. Before opening heavy shorts wait for the bearish retest of weekly 200MA - i don‘t think we go to 22 before that happened.
Same for the bullish case. Look at the levels i gave that it has to break and retest before a real bullish move.
Heads up! In crypto we laugh about 20% loss ;-)