$1000SATS
Hello friends,
#Sats We are together to interpret the levels that the price will want to go according to the structures formed by daily price and graphic movements.
Since entering the market, it has been in a downtrend, as of July #SATS1000 5, it seems to have continued to rise by creating a channel band that rose after the last bottom level of 0.0001103.
According to instant price movements, it seems to me that it has made a cup formation in the 4H time frame where it is in the double top level that it left during the fall.
I expect it to fall to the level of 0.0003076 in order to complete the formation structure.
Unless there is an abnormal situation in $BTC , I think that the candle will close above the level of 0.0003507, and especially if it comes with volume, it will come to 0.0004255 to complete the formation.
#Bitcoin We will all see how determined MM is here in the possible reverse movement.
In the worst case scenario, a candle closing below 0.0002788 will accelerate the price's decline and cause it to decline to the next 0.0002503.
Good luck to everyone.
