Currently, the downside scenario is cancellation !
Because the descending channel is broken in the one-hour time frame and probably stabilizes in the four-hour time frame
In this situation, selling position is more risky
Pay attention to this analysis that I did on June 26 :

So Btc may pull back to the 38.2% Fibo like before
Because the descending channel is broken in the one-hour time frame and probably stabilizes in the four-hour time frame
In this situation, selling position is more risky
Pay attention to this analysis that I did on June 26 :

So Btc may pull back to the 38.2% Fibo like before
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Related publications
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.