Just a explaination the rules for a crown reversal for those not familiar with it.
1. The inner up is broken - which we saw happen on September 8 2017
2. The market returns to test a previous level of support which was the $2900 - $3000 level which happened on the September 15 2017
3. Find the B of up level which is $4480 which is the left tip of the crown reversal and also gives us an indication of where the right side of the crown will form. This is where we are now.
So once we get confirmation, which should be today - I expect the next move which I have labeled on the chart to be down to $2500 - 2600USD which also happens to be a major outer . I have also used purple arrows to show the anticipated move down.
Refer to my previous analysis' as validation of this method of analysis.
I do have skin in the game as im holding bitcoin and a bunch of others like bitcoin cash.
Trendlines never cross through or over candles wicks or bodies!!