4000-4100 is first upside target of retracement

Greeting everybody,

We continue to work with short-term retracement action on BTC. As our downside target has been perfectly hit yesterday - 4H AB-CD pattern and butterfly "Buy' on 1H, we've got perfect "222" Buy, which could lead to fargoing
consequences. First is, at least 30% upside action, but potentially we could get DRPO "Buy" pattern on daily chart and 50% upside action of the whole thrust down...

Meantime, on hourly chart price stands at Agreement support of major 5/8 Fib level and AB=CD pattern. Market shows good uspide reaction here, thus, reverse H&S pattern could be formed.
Nearest upside target by this pattern is 4000-4100, but as we've said - this could become just a beginning of longer-term upside retracement.