BTC failed to get back above the 21 & 9SMA since it was rejected from the LT downward sloping trendline & BF channel on Sept 13.
Things to note: - Rejection @ downward sloping trendline formed from Nov ATH - Inability to break back into & close above BF support - 100 death cross below 50SMA - WATCH HERE! 9 looking to cross BEARISH below 21SMA - Re-test July liquidity zone, held so far - Re-test July liquidity zone, held so far - Re-test of June low, coming up next?
My LT thesis is still on track to becoming a reality. Bear flag targets are posted in earlier work & in Disc. IF/once we break the June low, I will be focusing on the BF targets & downside liquidity zones.