Well the Head and Shoulder got completed, which sent BTC directly to the lower trendline of the downtrend. The good thing: Huge bullish divergence on 4h and Daily-Chart, which is a very positive sign. As you can see, we are at the 0.618 Fiblevel, the golden ratio which mostly always gives a good bounce up. I expect a strong move up within the next days. However, if we break the red trendline, we'll go further down alot.
Trade active:
There you go
