elkurtl

elkurtl

That is a fake breakout, lets see how my drawings (purple and red line) going to fit.

elkurtl

It wants to draw the blue wave (momentum), like one the 2 crashes before. And it wants to draw a flat RSI line.

elkurtl

Hasn't much power left to the upside The RSI is hitting 100 - orange circled And VMOB is going to curve down. Money Flow is deep in red still

elkurtl

The green dot has not much power, money flow is in red. Next fibo line to hold is 24kish.

elkurtl

I guess 300ish billion is not so unlikely even 150b could be possible, alt market seems to be going to bleed hard. Looking on the oscillator like the drawing before for BTC, ths mountin wants to be fnish drawn.

elkurtl

We won't see a ATH this year in my opinion. The oscillator on the bottom want to finish draw the mountain to the bottom. So we might look in to the direction of around ~20k or even for some shot amount of moments with flash crashes to 15k even 8k.

elkurtl

Let have see how much fuel the green dot gives.

elkurtl

Let have a see what happens, after the read line. I guess it will go down. But one never no.

elkurtl

It will drop to 80% indicated by red diamond, but support line is here to hold. Lets have see what happens, when it passes the Green Wall.

elkurtl

Let have a see what happens when it passes the red wall. The "Red Diamond" indicates 80% chance of a breakout downwards. Money flow kisses and passed neutral line getting into red.