According to the H4 time - frame, I found that BTC has been trading downwards. The price tested the level of $3.547. I found that there is a breakout of the upward channel in the background, which is a sign that there is a potential change in the structure. I also found that there is a breakout of the support at $3.800, which is another sign of weakness. My advice is to watch for selling opportunities. The downward target is set at the price of $3.110.
$3.800 – Intraday resistance
$3.545– Intraday support
$3.110 – Objective target
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