BTC Levels
Updated
Assuming we don't continue the trend down this is what I'm looking at as the next major level. Rejection of this would mean a lower high on large time frame and likely result in an end of the major trend. We've already broken structure (lost the move that took us to the high) on this dump, so a lower high would signify major trend reversal. This is another good spot for profit taking.
Note
Also forgot to mention it lines up with weekly VWAP.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.