Short

Updated

Easy come easy go!

You win some, you lose some!
On the downside, the Level @ 610$ is the Level to wwatch - on the upside still the levels 650/680$!
All Prices below 610 are bearish - the tp @ 540$ would be opened.
Will the Level @ 610 be bought, that a weak bullish Signal - TPs 645/680

Comments are welcome -Agree or disagree!

Former Analysis:
Comment. maintrend is still intact..still! i don`t belive in new Highs!

Further downwave could be exspected!

Is it a H&S? Only Prices above 665$ will brighten the Chart!
The RSI signs a further tiny upwave before the exspected Drop would be realistic...
TPs are illustrated in the Chart. If you have any questions -please ask me.
Comments are welcome -Agree or disagree!
Comment:

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oh yes!

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normally i would exspect such a move..but btcusd-moves are a bit https://strange....https://www.tradingview.com/x/C6zlsDmm/

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ok ok - this time it works...

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next downmove ahead... ?

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speeeedyyyy !!!!

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what then heck?

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selloff-feeling! ... BB and RSI are extremly stressed - anytime you have to exspect a rebound, but that is not a must. The tp of the downmove is still 540$.
If we see a countermove - the 38,2 fibo could be a target (~590$),

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ultrashortterm view: building a new "3"? As long we trade below 570$ in that timeframe, the momentum is still bearish

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reached action point

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double-bottom vs. breakout - rsi signs temporarily bottom

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buyingshakeout candle

- rebound or direct "selloff" down to the tp @ 540?

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trading below 554 are bearish - prices above 563 / 570 are bullish in this timeframe

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Bingo!

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The_Cannalyst

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The_Cannalyst