Price target of the bearflag is 20k. Dont be supriced if we even see new lows
This upwards channel has to break sometime.. M pattern still valid or no? I think I might go short when the 15min falling wedge price target hits 31300 ish. (>^.^)>
If it breaks to upside I think we make bearish divergence on RSI or double top. And go lower again. So I am very bearish even if channel breaks up. I also spot what could be head and shoulders on weekly giving us some pretty low price targets.. Too early for bullrun. First breakout never starts it ;)
All aboard the short train to 7k! Third wave btw (>^.^)>
I drew some lines on the chart. Hope it was helpful
If 25k dont hold I'd look at 25k as resistance and consider if we are still in a bearmarket.. (>^.^)>
major resistance rejected and elliot wave theory. Year of despair for bulls. Youve been warned.