An alert has been triggered for a sustained downtrend in BTC on the 30-minute timeframe. It was mentioned during the day that while there is none - there won't be any significant correction anyway.
So far, this signal opens up the prospect of moving only towards the following targets:
- $96,497,
- $96,184,
- $95,870.
On the 15-minute timeframe, where the downtrend appeared slightly earlier, we have almost reached the second target of $96,559.
According to our second indicator, we see that the important horizontal level of 96.499$ - continues to act as support. As long as the price is above, we are still talking about a local range that has been ongoing since May 1. Only with a break and a close below it can we expect at least a test of the local trend line from the high of April 25, which was broken by the impulse on May 1. There has been no retest of the breakout - there will be a chance to set that up. Currently, this trend line is around $95,506.
Futures trading on #BTC at the Chicago Mercantile Exchange ended today at $97,680, which is a 'magnet' price for Monday.