Alternative Bearish double Three.
Updated
If we just poke the main bear trend line there is alternative to go lower to 5K - 5.5K. Keep Stops tight.
Trade closed: stop reached
truncated fifth is possibility, decline is not scary 4 it overlaps with 1st. anyhow we need confirmationNote
Fib over 1.6 is bit high for flat. 1.27 are more common for BTC.
Flat or 5 still looking for deeper 4 to reenter.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.