Technical analysis by Andromus_OG about Symbol BTC on 4/4/2024
https://sahmeto.com/message/3369447
Andromus_OG
Rank: 20351
Potential break down or up depending on how it follows the trend
Neutral
Price at Publish Time:
$67,253.58

The line going back to Feb shows a clear trend on the 4hr and other timeframes. This was recently broken and the pair traded down. It appears to be rising back to test the bottom of this tend line in a bearish breakdown; however it could also reverse here if it gets back above the trend line and can hold it. That would lead back to potential for targets in the upper 80's, with downsides to the mid 50's if the trend line is resistant.
Source Message: TradingView