Yellow lines are the levels that should have the best response from the market.
pattern (which is often, if not always, irregular correction) indicates that we can fall as low as 60.618 sat. And HnS was confirmed by .
The red could end on 124.644 sat, if that lvl is broken then 88.290 sat. After that 60.618 sat.
1) The 60.000 satoshi level is at major trendline
2) The market response is strong at this level (yellow lines are Fibonacci Clusters)
3) Head and Shoulders pattern indicates a drop to this area.
So there You go. It's more probable scenario than 124k or 88k level. And we have really small chance to drop below major trendline (I would say no more than 10%).
As usual, market will tell us in the future if that prediction is accurate or not.