The price has resisted crossing the downward trend since the ATH a few days ago, and finally rolled over. There has been strong resistance at fib levels all the way down to here at 235, 220, 200, and 180.
I think that it will stabilize around 150, where it had a consolidation period on the way up. Ultimate candle stick lows should be somewhere around 120-130, maybe even lower. Great chance to catch the bottom and flip for a long on the dead cat bounce.
The market has not looked this decided in a while, I am excited to see how things turn out!
Currently holding a short position with entry at 178. Will keep this updated as the market moves.
Still waiting for the major break to occur. Stay frosty my friends. We shall overcome!