Updated BTC downtrend

23 Nis 2018

Bitcoin is currently in a descending channel, in a bull-trap and in an inverted cup and handle. All three are bearish patterns which show that btc still have to go down.
It could be invalid if 9k is broken.
SL : 9k
Current target : 5k

23 Nis 2018

İşlem aktif

23 Nis 2018

Not

support line from the bull trap broken : btc will go down quickly

24 Nis 2018

İşlem kapandı: durdurma seviyesi

Stop loss reached, false breakout
I will reopen at 9k3 :

24 Nis 2018

Not

RSI resistance, trend based fibonnaci show this better elliot wave count :

25 Nis 2018

İşlem aktif

26 Nis 2018

İşlem kapandı: hedefe ulaştı

a small triangle broke, close short and reopen it at 9180

26 Nis 2018

İşlem aktif

Perfect target :

27 Nis 2018

Not

downtrend continuation :