The pattern "cup-with-handle" is going to finish. We are probably at the bottom of the handle. Price will retest 315 USD. The descending wedge pattern can confirm this theory
After the dump, the price will search the support. There are two fibonacci retracements. First, the price will oscillate around the first retracement, then it will drop to reach the second retracement.
Trade on waves, short above 280 USD
The bottom is going to be confirmed once the pattern 1-2-3 develops. Future trading area is marked out by the green rectangle
Price is going to re-test level 276. The first profit target is reached, will we reach the second one?
We already saw the same pattern in Apr on BTC/USD. Will it follow the same way?
short target 320
Shows place where future trading may continue. The gap will be filled
Don't feed dead cat!