Still more down after correction for IV wave
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Wave IV may form a triangle bear flag here
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1hr ichimoku cloud blocking our way up from the beginning. Won't go up until it breaks it
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Is the downtrend over? I dont think so. It can climb higher on this wave but be carefull as we got some history price actions that showing huge downside potential still
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Bitcoin found support and probably will try to test 7500-8000 levels
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Another fractal I found. 6600 is tough level which needs to be broken first in order to go up.
Break it and we go up. Reject it and we go down
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Bear Crab harmonic pattern spotted
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Move down to ~5k is now in development again
Kommentar:
Price action went sideways. We are in symetrical triangle right now. It needs to resolve first and break daily EMA30 (to go up).
This upside correction took longer than I thought and right now with this triangle building thing so we have to wait for it to resolve to be sure.
Short term I would say we are going back down, still inside triangle. Don't think EMA30 daily will break here right now
This upside correction took longer than I thought and right now with this triangle building thing so we have to wait for it to resolve to be sure.
Short term I would say we are going back down, still inside triangle. Don't think EMA30 daily will break here right now