Bitcoin
Updated

BTCUSD Coming back to test 6.5k again (BEAR SCENARIO)

1 131
Rising wedgy wedge.... 6.5k posible target. Invalidate if we break 9.5 violently.
Note
Rising wedge still in play, the break to the upside wasn't strong enough and it was taken down by the bearish divergences:

snapshot

6.5k is the textbook target no the absolut target, we have to break 8.8k and 8.1k before, there is a lot of ground to cover for the bears.

I use the ideas tool for my self evaluation, dont follow my TA,please. hahahahaha
Note
8.8k target achieved, no bull volume we will keep going down 8.1K in the horizon. the target depends on the speed at wich we drop down.
snapshot

Daily engulfing red candle... Super bearish sign
snapshot
Note
It took time but.....

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