Right shoulder is just forming... Could bounce back to this morning low...
Numbers don't lie... If we look at a bigger picture... The bull run started on 14.09.2017 at the price of 2900... The ATH was on 17.12.2017 an almost 20k... So first, the bottom on 06.02 is a retracement to FIB LEVEL 0.786 from ATH The next high on 05.03 is a retracement from that low (06.02) to around FIB 0.382 The next low on 18.03 is a retracement from...
A breakout that just occurred could be false... If you look at this chart and the breakout goes to the other side sometimes today, we should see BTC going down to the 5.400 - 5.500 based on a bearish triangle and after some bounce of FIB 0.236 all the way to 4.000 based on H&S target. Pay attention how well FIB Retracements fit to this downfall from 9.600 so I...
I think this all fits... Big trendline from ATH, small trendline in red and even smaller H&S... We will see in the next couple of hours (days)...