On the 4H, I see an IH&S developing. If we get a bearish SFP into the red order block around 7k, this will complete the right shoulder of the Larger H&S play that could bring us down to low 5k range, possible to Nov 2017 support line
Good Short position from symmetrical triangle and channel resistance. Good confluence with MA's and VPVR.
Its looks to me that BTC is developing an 84 day cycle inside of this falling wedge...
On the 4H chart we have an almost perfect bounce off the 0.618 Fib retracement with an outlook to the 1.618 extension. Once it breaks the string resistance, i'll be looking to get in.
With the new platform launch and it seems ICX is following the ABC with a FIB cycle. C just bounced off 0.5 Fib retracement, so we are looking at a 1.618 Fib extension in the next few days at approx. 5766 sats. We are getting higher highs and higher lows!
Good entry point for 200-300 point jump before another dump