As expected, bearish pennant forced BTC to fall lower. It had found support at $7260, with low RSI (on 4h and daily charts) and MACD trying to go upwards, we can assume some bullish moves soon, but I'm still counting on one more push downwards towards trendline, then up.
78.60 Fibonacci line stays as a strong support.
In my analysis I'm using Fibonacci Levels, Elliott Wave principles, Support and Resistance lines, Candle Patterns and formations, like Head and Shoulders or Triangles (latter more often than the former).
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