CRYPTOCAP:BTC may be on its way to a target of $28870 (Elliot wave C wave target and is also the 50% length of the weekly candle/0.5 fib retracement of the weekly candle. I also see a slanted head and shoulder with the same target 👀 BTC is oversold on the many timeframes and could see a bounce towards $32150 before reversing. Let see which direction chooses but...
Op in a bear flag here. Target shown. Stay Cautious!
Expecting a pull back for BTC at 22515 if it gets breaks through 21800. These are strong weekly levels we can expect a tracement from. BTC is already overbought on the 4 hour Stochastic RSI and we would most likely get a pull back from the levels above IF price gets there.
Up we go from here. Bounce or Die BTC. 4hr Stochastic RSI oversold. We must bounce from here at least towards 20.7k or the market is wrong 🚀 Send it!🤾🏾♂️
Expectin BTC to bounce from here to at least 20800 as it is over on as it is oversold on the Stochatstic RSI on the 1hr timeframe to the 4hr 🚀