See what I wrote yesterday here: 
And the price is going down as we speak. I expect it to hit the bottom line of the blue falling wedge around the $30k mark. This is almost a certainty.
Support for this:
1. H+S neckline that was broken a week ago (thick white line)
2. orange rising wedge estimated drop level (matches the $30k region exactly. Coincidence? No).
3. falling wedge bottom trend line
4. green daily MACD curving down - I've seen this occur as the price goes into a bearish wave
5. 4-hourly MACD already in the red.
6. currently all bottom trend lines have been broken, except for the bottom trend line of the blue falling wedge
And the price is going down as we speak. I expect it to hit the bottom line of the blue falling wedge around the $30k mark. This is almost a certainty.
Support for this:
1. H+S neckline that was broken a week ago (thick white line)
2. orange rising wedge estimated drop level (matches the $30k region exactly. Coincidence? No).
3. falling wedge bottom trend line
4. green daily MACD curving down - I've seen this occur as the price goes into a bearish wave
5. 4-hourly MACD already in the red.
6. currently all bottom trend lines have been broken, except for the bottom trend line of the blue falling wedge
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.