After the roller coaster ride, the Bull party is in their ending stages now, I am expecting the bears to take over from here.
Everything is explained in the chart, currently following my Bearish Flag structure on BTC which i drew last week. I am aware that we broke up from major trendline resistance today and all the bullish scenarios currently possible, but i prefer to stay on bearish side for now.
In case we break above 23k and hold that area, I will assume that my current wave count is wrong.
Everything is explained in the chart, currently following my Bearish Flag structure on BTC which i drew last week. I am aware that we broke up from major trendline resistance today and all the bullish scenarios currently possible, but i prefer to stay on bearish side for now.
In case we break above 23k and hold that area, I will assume that my current wave count is wrong.
Loosing this range can cause deeper dive towards early 10ks.