MACD and RSI shows downtrend. Price of BTC try to go out from bear flag through resistance line directly to "buy zone" naer 6k. When harmonic pattern has been completed, price probably go to 10k level.
Price want to touch soft support line and form double bottom (maybe we hear good news about catapulta test), after that they probably go directly to strong resistance line near 61.8 fibo.
Currently price are located in major "buy zone". Harmonic pattern is done as so as downtrend, it can be approved by hammer bar with big market vol. Price must broke strong resistance, than probably go to 0.236-0.382 fibo level.
We can see correction to 61.8 Fibo, so next stop, after small flat, can be somewhere near 5k $, under support line. Downtrend can be continued after MA 20 touch MA 50.
Now price in the middle of downtrend channel under 2 cross resistance lines. MAs shows continue of decreasing. Mostly price go down to supply zone near 161.8 Fibonacci.
Here is almost perfect economic cycle. Price must go down to accumulation zone near 23.6 fibo and strong support line to complete economic cycle. After that price go rising.
ETH still in downtrend channel. Small correction continued to resistance line, than we fall down to support line and going to supply zone near 161.8 Fibonacci.