the chart tells the story... more bear to come with major trend line break and price falling out of bear triangle. Broke through with conviction, but very common to now test that prior support line as resistance. Most likely will fail to break back above it so when it does bounce it will gives us great set up for a short position. On lower time frame you can see...
Here we see BTC bounce with conviction off bottom support and is pushing on daily to reach top of wedge. Tone Vays called the 3k bottom long ago based on clear support levels and I see us reaching it around the end of August. Target being top of wedge at around $7600 and then a fall to hopefully what will be the bottom at $3000- It certainly could go lower than...
Wave 5 coming down. Easy short with target being 61.8 Fib. 3rd time finding resistance at $1.02. Small percent gain but high probability trade. Watch for quick bounce off golden ratio once 5th wave is complete. Watch for small rally after bounce off strong resistance(1.02), but, the more times we test this resistance the more likely we are to break through it....