Those 2 previous analysis' are still valid, a daily close below $ 6,9 k and a weekly close below $ 8 k signals for bearish market continuity. Elliott Waves on daily chart (based on closing prices) simply tells us that we might have a daily close as low as $ 4,6 k and on the other hand, weekly analysis tells us that we might have a weekly close as low as $ 6 k at...
Just want to update my previous analysis on a weekly chart this time. Weekly bar formed at 29.01.2018 which made a movement from $ 11,8 k down to $ 8 k could not be beaten by the following retracement weekly bars. By midnight tonight if price manages to close below $ 8 k level we will most probably be heading to $ 5,6 in the first place.
