I adapted the Elliot wave
according the last drop just down the neck of the H&S
, as the 5th leg of the Elliot wave
on the chart. The ABC
correction wave has still to form before a more serious drop (down to 8900 area?). The support seems to hold strong, like it did back on the 17th and 23rd of January and we see a small bullish divergence
on the MACD
15min. Might be an opportunity for a short trade, with tight Stop Loss at around 10.000. I think it's a good ratio risk opportunity, let's see where the C wave brings us, around 11.000$?