Hello all,

I have 2 outlooks on BTC:

1. Price has respected the support zone of $60-58k after closing below the previous support zone at $64-66k. I anticipate the price to rally to the rectangle box before continuing its decent to $50-52k

2. A candle closure above the rectangle box would indicate that price is looking to retest the previous daily resistance zone of $70-72k.


Best regards,
Don4
Candlestick AnalysisSupply and DemandSupport and Resistance

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