V correction. It retrace perfectly to 0.786 Fib and found a strong horizontal resistance at ~2814$. Is it possible that this little bull run was just B wave, and that we are looking for big down trend now (looking for C wave)? Fifth wave finished. Looking for retrace at least to 0.382 Fib. 200 MA maybe be a current support for a while.
3. wave formed. Hits 1:1 Fib ext. Golden pocket plays like support. Wave 4 didn't fall bellow first wave confirming that 4. wave is formed. Possible wave 5. (target 4.65-4.85$). Short term looks bearish. RSI and MACD shows bearish divergence. Bearish volume. EosFinex launch soon, little bullish news but BTC, doesn't looks bullish at all.
Five wave probably finished. It didn't hit 1 : 1.618 Trend-based Fib. but 5 wave probably finished. RSI and MACD looks bearish. Possible retrace to 0.382 Fib (~45$).
5 waves finished. The question is " Is the ABC finished, or this was just B wave" ? Strong horizontal resistance. This little retrace hit exactly 0.382 Fib. Possible C wave forming. It looks more bearish than bullish . Golden pocket (0.618-0.65 Fib) looks like strong support.
Possible fakeout with low volume, MACD and RSI looks very bearish. this is probably finished B wave. Looking for C wave.