The depression phase is over, the last bounce was quite optimistic and the worse FUD is over, positive news also coming in, so I think bears got what they wanted.
Daily StochRSI showing it's going down once more and then we are going into the new bluish channel, braking the old resistance channel. I don't believe it will go as far as 6k$, but around 6.3k$ and following the old trendline again, before sideways/slightly up again.
Daily StochRSI showing it's going down once more and then we are going into the new bluish channel, braking the old resistance channel. I don't believe it will go as far as 6k$, but around 6.3k$ and following the old trendline again, before sideways/slightly up again.
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Also, everytime daily closed below fib levels, it went down, so I think just looking at double top it created and closing under fib is good enough sign for going down.
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New Idea Published :)