Broke down from a rising wedge, wedge target is mid range, can extend to the bottom of the range if very bearish. Rejection from the 200 4H ema adds to the bearishness. I envision an inverted head and shoulders with a target at 50k. Otherwise it will nuke to the bottom of the range.
Yorum:
moment of truth pump or nuke. RSI breakout means it should pump but it can be a fakeout
