Look to the red lines on the chart to show my prediction for the next couple of weeks - as I mentioned on the weekly chart I'm expecting until S2x fork - this seems to fall at a convenient level around my around $8000. I think we will see a long wick here and the candle body remaining under the around the 15th/16th November. I then think we'll see a sell off and a break downwards out of the . A less likely alternative is going to hit the bottom of the and going back once more before crashing out of it.
Look to buy in the red zones upon confirmed reversals for best entry points, or at the bottom .
Trend is holding, still valid