BTCUSD - As expected but how much lower will the price go?

Price has gone down as expected but how much lower will the price sink? It is very probable that the price will drop even further (Elliot corrective wave).



Notes:

• RSI is not completely oversold yet.
  
• Ichimoku cloud crossover
  
• High volume spike after price hitting crucial take profit region thus making the price drop.
  
• Standard corrective wave
  
• Bearish short/mid term. Bullish longterm?
  

Trade STOCKS/FOREX/COMMODITIES/INDICES/CRYPTO with BITCOIN on WCEX.
Support me by using my affiliate link:
wcex.com/?ref=PqEOlIMW

Trade active

Trade closed: target reached:

Target hit perfectly!