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It is necessary to rally today and make a daily close above 43K today. If not, below scenario will come into play!

If we manage to hold the blue support line for previous triangle, we can see a dip in BTC till 40K and then pump from there! (Yellow line on chart)

However, if we loose the triangle base as support, next leg down can be as low as 36K.

It is not very likely to go that low, but be prepared for both cases, and do not buy in completely at 40K.

If you ever found my charts useful into your trading decisions, do let me know in comments down below😊❤️❤️, such engagement helps keep the post in HOTS longer!

Thankyou!