Although today's homework is of hellish difficulty, starting off being sniped, luckily I managed to turn it around in time and finally recover the losses.
On the four-hour level, a big bearish candle during the day has ended all upward trends from last Friday for the next three days. From a technical perspective, the midline of the fork + Fibonacci extension line at 0.38 support of 3730 has been broken, and this pattern is likely to continue to head south. Accordingly, the 3730 position has also transformed from previous support to a resistance level.
So, in the short term, the next step to operate: the second pancake rebound near 3730 is the position to catch the kite, and the subsequent main operating method is likely to be rebounding the kite.
Additionally, making a prediction, the second pancake target can be looked at a bit, around 2900. In the crypto world, anything is possible, so why can't there be another crash! It doesn't necessarily have to happen tonight; it may be late but won't be absent!!! $BTC
