BTCUSD

BTC currently has stable trading cycle of 89d. The most sizable swings price makes within periods of confluence 89d cycle with Q-Sp projection line. As you can see we have these circumstances this week till a middle of Aug. So, it is reasonable to look for bearish opportunities in the first half of the week.

Fast annual curve suggests decline from TU this week.

BTC also has visually sufficient self-similarity pattern suggesting decline from this week.

TPA suggests sale opportunity at the level of any new high below resistance level 11725 or sale by market in TU-WD with SL above 11725 and targets at 9150-9350.

At intraday level wait for test of 11720 resistance level to sell the pair or consolidation below 11140.