BTC Prepares the 2nd-Leg of Fall (Part III)

A Candlestick Analysis (Fundamental Price Action)

In the previous 1H cicle the market closes at lower price making a BEARISH MARUBOZU CANDLE that means the major interest is for a continuity. In conjuction, the actual candle retraces upward to touch the trendline above that Is the peak level of the Left Shoulder of the daily time frame (BTC looks like completing a Head in the daily) . Then the price action Is retracing from it indicating by the Fibonacci Retracement a next candle to 49k.

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