Bitcoin Perpetual Futures
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Bearish Day Rejected in $42720

71
Weekly Timeframe
candle is trying to break the Ichimoku cloud inside. to open up more to the downside. Area of bounce is $41300, and $38691. Area of rejection is $44743.


Daily Timeframe
Daily timeframe is still bearish. below ema ribbon and Ichimoku cloud. Area of bounce $41300 and $38691. Area of rejection $44743.


4H Timeframe.
In Fibonacci Retracement. 0.382 $41484 is where we would most likely get a bounce to the upside. It will also get a rejection in the area of 0.5 $42051 as it fits well in Ichimoku cloud Senkou B. next area of resistance is 0.618 $42617 and the area where we would most likely get a rejection is $44743.

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