BTC - 4 H - DOUBLE TOP TARGET @ 17791.68 REACHED

26 Kas 2020

The bottom of clouds acted perfectly well, so far, in stopping the sharp downside move.
No change, further downside in the cards
Downtrend intact
Sell rallies
Focus on 38.2% Fibonacci retracement @ 15798 (see D1)

26 Kas 2020

Not

Clouds support broken
Pullback failure towards the clouds
Lagging line "Chikou" below the clouds
All ingredients for further downside to come
Daily picture with long black candle in progress !
Focus remains on 38.2% Fibonacci retracement @ 15798 ahead of lower levels !!!