Immediately after closing the long position on BTC, an impulsive decline develops. The price has fallen into a downtrend on the 30-minute timeframe and has already reached two out of three targets, approaching the third. The decline is quite aggressive and has already provided two Strong signals of potential lows on the 15-minute timeframe. So, one can expect a bounce; it is already trying to start. But until the price returns to an uptrend on the 30-minute timeframe, we anticipate a continuation of the correction and will stick to the plan 👇

Alerts are set for the gap range on CME (which is 89,625-89,800$) and at 89,625$ we will place the first buy order. For now, the plan is for 1/3 of the volume for the deal. The clarified target of the pattern is 87,709$. And there will be a second order placed.

The remaining 1/3 is left either for a potential addition upon confirmation of #BTC's return to growth, or for maneuvering with an exit to break-even in case of a breakdown of the uptrend on the 3-hour timeframe.