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Another extended leg, should be topping after a consolidation into a last push at the 8k area.
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Daily volume in decline despite the big % wise moves.
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Expecting more ranging the next few days into a last push lower before testing 7.8k again.
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BTCUSD at resistnace and BTC.D trend potentially turning down soon tm.
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Regardless of the Elliot, this is an area of resistance, so i will be monitoring the area between the red and yellow fibs for any LTF rejections.
Range looks distributional and this can be a UTAD.
Range looks distributional and this can be a UTAD.