We are bouncing around in a descending triangle which could break down on Christmas to the downside.
Comment
⋅
We moving inside the descending triangle. As we all know these type of movements break towards the downside. Volume has also dropped off.
Comment
⋅
Well, I was right :) It went target for a bit but retraced back into the descending triangle and into the crypto abyss. Next Stop 3400-3600
Comment
⋅
*OFF TARGET
Comment
⋅
We are close to explode to the downside. We are coiled up in the descending triangle. Decreased volume as well. Might test the 3400-3600 or just flush down to 3100 area.