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.
Range looks distributional and this can be a UTAD.