(BTC)Messy Harmonic but critical.
short term correction, as well as
price is at top of .
Indicators supports potential downward movement
VPCI, shows divergence.
, in overbought zone.
histogoram is also decreasing.
IF price breaks out Red line, this could be confirmed pattern.
We have to look carefully, if price is supported on black line, the previous downtrend line.
Short here has ratio in my opinion.
Target 1: 8367 (0.236 of impulse wave),( support line of ) 50% of position will be closed here
Target 2: 7796 (0.5)
Target 3: 7200 (0.786)
Stop loss: 9040