Weekly $BTC has reached the Sequential 13 (S13) countdown after finding a TOP on a Combo 13 (C13).
A TD Setup bar 1 (red 1/9) is also in progress and next week will be decisive to confirm a Sell Signal (Red 2 below Red 1 low).
Previous resistance was around 8900 USD so we might find some support at this level before a continuation of a new downtrend.
If the downtrend is not confirmed during the upcoming weeks, then we could form a bull flag and continue higher to new ATH.
MATHR3E
Sequential indicators:
A TD Setup bar 1 (red 1/9) is also in progress and next week will be decisive to confirm a Sell Signal (Red 2 below Red 1 low).
Previous resistance was around 8900 USD so we might find some support at this level before a continuation of a new downtrend.
If the downtrend is not confirmed during the upcoming weeks, then we could form a bull flag and continue higher to new ATH.
MATHR3E
Sequential indicators:
