BITCOIN - next triple guard zone 2980

2018年12月15日

Looks like the triangle baseline bounce for the 1st scenario didn't happen (purple wave arrow). It break below, saw the big real buy wall around 3200 yesterday and it was taken out + set new lows this morning. It did manage to closed back up to 3224 on 4hr chart but just couldn't sustain. Buy orders looks weak. Likely continuation of leg down as per the scenario (black wave arrow) testing the whole big number + previous low 298/major support zone + 200 week moving average.