Check my previous ideas if you want more details.
Here are some trend updates:
cloud: Price is under the cloud and its red -
Coral trend indicator: on 1HR and 1D scales
Expected Price/ Target: 10k support will be tested, if it fails then 8k support, if it fails then around 5.6k$
I believe 10k and 8k will fail because of the huge bitcoin gained these past few days, so when the price corrects by almost 30%+ everybody will start freaking out, and the only way to reverse the downtrend is by a strong support that was tested multiple times which is the 5k support.
The 10k support was just made this month, so I doubt that it can hold.
That said, I could be wrong about everything I said. However, keep these words in mind and be very cautious when trading. If an uptrend is detected I will update this post and let you know.
Be very careful these coming few hours. Keep an eye on all Alts because if bitcoin drops it will take everything down with it .
and its a lagging indicator.
To add the ribbon you have to modify the script and apply it.