Momentum indicates significant leg down inbound.
There are supports below that might resume uptrend.
7017-7035 seems likely, and a natural end point for last wave.
6918-6945 should be a STRONG, perhaps a stop hunt under 7k.
6785-6802 is pretty much the LAST hope before much lower lows.
Part of my ongoing Bitcoin analysis, been hitting every important turn (click):
Big Picture Fibs <= the 3 Fibs of Life
6432 Bounce Call
5882 critical number <= Still Important
7800 Dump Warning
7080 Rocket Foreseen <= within 20 cents!
7860 Retrace Call
7450 Critical number <= Still Important
6850 Bounce plot
9k bounce call
14k target call <=Perfect TP
10k target call
7.5k bounce call
3.1k bottom call <=EXACT 2018 bottom
Of course, I have had total FAILS on some ideas too, not going to pretend.
But all of my plots show PRECISE entries, TIGHT stops, and EXACT targets.
Precision is the way of the Fib. Almost every turn happens at a Fib Line.
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