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Bear trend confirmed, chances of breaking above death cross failed, We are going to experience more long term bear trend to levels that will find new buyers. I'm estimating somewhere around $5,000 level. If we are unable to break above then we can experience a drop even lower to $3,200> time will tell right now its too early. And we are expecint 4More weeks for down side.
@cryptoboi1911, TD Countdown indicator. 4 Weeks of downside. We just confirmed failed reversal of trend meaning that we should do another 4 weeks down in order to go back up, now the next 4 weeks can just range between 6500 to 7500 but I'm leaning towards a deeper pull back. Hope that helps...