Dump to $52K then a rebound off the support at 61.8% Fib and the ascending support trend line.
Potential overthrow @ $89.9K target at a little past the resistance trend line of this ascending broadening wedge towards the "Golden Pocket" and an epic crash down to the base of the wedge at $32K down to $28K.
1.618% Fib is at $87.2K
MACD and Stoch RSI: Bearish Divergence
Price action is KING!
More power to all your trades, my friends!
Ron
Intrepid_Trader
Potential overthrow @ $89.9K target at a little past the resistance trend line of this ascending broadening wedge towards the "Golden Pocket" and an epic crash down to the base of the wedge at $32K down to $28K.
1.618% Fib is at $87.2K
MACD and Stoch RSI: Bearish Divergence
Price action is KING!
More power to all your trades, my friends!
Ron
Intrepid_Trader
Comment:
This is playing out good so far.
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