$BTC with buyer resistance, but the market is still completing the impulse growth from July 9-11. Confirming our hypothesis about the start of a range or even a correction.
Just now, the price of #BTC has entered a stable downtrend on the 45-minute timeframe, which hasn't happened since July 8 and the price of $108,947.
Targets: $116,878, $116,466, $116,053. If the price breaks the EMA 50 on the 45-minute timeframe, which is currently at $116,945 - we expect the targets to be reached. For now, they are quite small. But considering yesterday's high marks with a Strong signal on the 8- and 4-hour timeframes, this is indicative.
Those who have a subscription to #P73Signals saw that the situation on altcoins is even weaker and there are transitions into a stable downtrend on the hourly timeframe. For example, with #SOL, #BNB.
In less than 5 minutes, the hourly candle will close. And if our indicator for #BTC shows a transition into a stable downtrend here as well - we will, as announced, start to accumulate short positions. For now, very modestly and waiting for clearer confirmations from the timeframes.