THETA/BTC (Potential Relief Bounce?)

THETA/BTC

-strong uptrend is now over
-upward trendline of support is already broken
-the price hits a previous consolidation area
-and immediate reacted to it as potential support
-if this drop will respect the 3400s as support
-we might expect a relief bounce to retest the trendline
-daily consolidation is right on the table now