Acel

XBTUSD - Close to a blow off top

Acel Updated   
BITMEX:XBTUSD.P   Bitcoin
Comment:
Another extended leg, should be topping after a consolidation into a last push at the 8k area.
Comment:
Daily volume in decline despite the big % wise moves.
Comment:
Expecting more ranging the next few days into a last push lower before testing 7.8k again.
Comment:
BTCUSD at resistnace and BTC.D trend potentially turning down soon tm.
Comment:
Regardless of the Elliot, this is an area of resistance, so i will be monitoring the area between the red and yellow fibs for any LTF rejections.

Range looks distributional and this can be a UTAD.

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