Yep, very bearish sign, but i dont play shorts, i will wait for fulfilment levels for this formation (blue rectangles), to accumulate cheap Bitcoins. There is no guarantee however that formation like this will be fulfiled, it can be even falsified (after succesful attack on the blue line). Level 6000 is crucial - if it fall, BTC will probably fall deeper to the rectangles on my chart.
Yorum:
The bearish scenario from that formation is null and void:)
