BTC has been trading lower exactly what I expected last week. I still expect that BTC trades more downside towards our down targets at 8,052 and 7,742.
Red rectangle – Important resistance levels
Green rectangle – Important support and objective
Purple falling line – Expected path
I see that watching the larger structure, BTC potentially finished ABC expanded flat upward correction. I found series of the lower lows and lower highs in recent 2 days, which his sign that sellers are in control. Important support levels are set at 8,052 and 7,742. Resistance levels is found at 8,362.
