DXY, EUR/USD, USD/JPY, GBP/USD, AUD/USD, USD/CAD
HELIOS AND MATHESON ANALYTICS INC - COMMON STOCK, GROWLIFE INC., SPDR S&P 500, ADVANCED MICRO DEVICES, INC. - COMMON STOCK, BANK OF AMERICA CORPORATION COMMON STOCK, GENERAL ELECTRIC COMPANY COMMON STOCK
S&P 500, Nasdaq Composite, Dow 30, Nikkei 225, DAX Index, FTSE 100
Gold, Silver, Crude Oil, Natural Gas, Corn, Bitcoin
BTC/USD, ETH/USD, BCH/USD, XRP/USD, LTC/USD, ETC/USD
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
As we can see on the chart, Bitcoin is in a zone with heavy high volume resistance after having broken down from a large ascending wedge. It should stay within the downward fan channel and accelerate to the downside in a wave 3 of a larger scale A wave correction to around 6100 or lower in the medium term.
The chart speaks for itself, great low risk high gain short setup in this crypto, only a move over 330 would cancel this setup but the ods are much higher of a large breakdown as shown in the chart.