BTCUSD CMP - 21818
BTCUSD was consolidating sideways for last 3 weeks between 22300 and 24200 , highlighted in rectangular box and we saw the consolidation break down today. This is a short term trend reversal signal, with immediate target 21478. This was a previous breakout level and should show some support , failure to hold this level will move BTC to next target 18800.. This a a strong support level and we should see some bounce off that level. If that level breaks, we'll looking at target 16500 and 15500.
Let me know your thoughts in comments.