Considering Aroon's downward trend, it will continue to decline for an average of 7 days. It will be completed within 14 days.
If no error in my measurements BTC draws the gartley pattern
I have shown the target TP zones in the graphic.
if we look at the old support points, BTC will come back at a support of 41K.
You can see the acceleration of the decline in the flow of money.
I marked the target points of the indicator data.
Fibonacci levels, oscillator levels when they reach their target area, the downward movement will end.
EMA lines do not create a death cross. Yes, maybe this will be a hard fall. But strong stimulation leads to strong action.
I advise new investors not to be afraid of this downtrend. Destructive, but not deadly. Everything will be fine in a short time. When the downtrend is over, I will write my suggestions for uptrend .
Note: I'm just expressing my opinion. This is not investment advice.
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