Alert from the Little Pharaoh – The bearish scenario is approaching!
Since yesterday we informed you:
The price couldn't break 81,500
And there was a clear failure at 84,800
It bounced from strong support around 74,500
And we went up from there to test resistances above
But what happened?
The price is now trading around 79,400
And the worrying thing is that we:
Failed to hold above 80,676
And closing below 79,100 confirms a clear break of the first support we rose from!
What does this mean?
The bearish scenario we warned about is getting closer to being realized, and its levels are as follows:
First bearish target: 77,916
And if it breaks: 76,716
Crucial support: 75,789
And if it doesn't hold, we will be back to test the bottom: 74,508
And after that... we open the door to 71,000 as a distant target
Important note:
The actual break must be with clear candle closures, not just a wick, and this will define the direction in the coming hours!
---
The Little Pharaoh tells you:
"Don't cling to false hope… the scenarios are clear and the game is transparent, play with your mind not with your emotions!"
$BTC
Since yesterday we informed you:
The price couldn't break 81,500
And there was a clear failure at 84,800
It bounced from strong support around 74,500
And we went up from there to test resistances above
But what happened?
The price is now trading around 79,400
And the worrying thing is that we:
Failed to hold above 80,676
And closing below 79,100 confirms a clear break of the first support we rose from!
What does this mean?
The bearish scenario we warned about is getting closer to being realized, and its levels are as follows:
First bearish target: 77,916
And if it breaks: 76,716
Crucial support: 75,789
And if it doesn't hold, we will be back to test the bottom: 74,508
And after that... we open the door to 71,000 as a distant target
Important note:
The actual break must be with clear candle closures, not just a wick, and this will define the direction in the coming hours!
---
The Little Pharaoh tells you:
"Don't cling to false hope… the scenarios are clear and the game is transparent, play with your mind not with your emotions!"
$BTC
