BINANCE:BTCUSDT   Bitcoin / TetherUS
According to my own strategy based on canals (see my scrypts) the price of BTC is in canal of 62%. I think, the traders may save their positions, and look for downward movement to the canal of 23%. And the upper band of the active 62% canal may serve as a SL point, if the strength of buyers overcomes the resistance. If the price will hit the SL, then the next target will possibly be to 100% canal about $30k.

Note, its my personal view of market!
Good luck in trading!
Welcome to any feedbacks!
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.