If price breaches the blue support line I would expect BTC to make a sizable move downward. The three purple lines are potential price targets.
Note
Target 1 reachedNote
Target 2 reachedTrade closed: target reached
Target 3 reachedDisclaimer
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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.