As you can see, it beautifully bounced back and is now headed up. This is certainly not the end of the bearish trend and there is a lot of negative sentiment in the market but this is a good time to buy for short to medium term gains.
Well, here it is 8 hrs after analysis and guess what ... that was a very short term ! Price continuing to fall. I do agree with one of your statements and that is there is a "bearish trend". Don't need TA to tell me that!
@fakhan, You didnt even read my discription, Im not going to short BTC aginst Teter, its too risky. I dont publish my whole TA but I based on lines, patterns, investor's mood and fibo which you are using wrong BTW ( if retracement reaches "1" like in your chart, it's not retracement anymore so we have to expect dipping ) I found out my TA is valid because i didnt put one support line, I will update this, but direction and momentum of price is right. This is foto of my last dip catching, I based on my "sh*tty chart". https://image.ibb.co/dsag5c/IMAG0142.jpg Now show my that you have bought in your buy aera and you are holding it or delete your account.