Leave a comment and tell me what you think about it!
Next stop at 6240
Yet another last kiss...
and down we go!
Hi everybody. As predicted, BTC went down and touched 6100 before a big green candle that surprised everybody, myself included.
I stayed attentive to the market until now in order to see what is happening.
We can see that the touch on 6100 was exactly on our 0.382 fib level and that the up movement went to touch back the previous channel forming another and larger last kiss.
Since the downtrend line in black is not broken I still consider my current trading idea as valid and will remain short.
I'm curious to see if the market will now go back down after some expected sideways movements.
I will continue to update this idea until it gets invalidated!