BTC Heading downwards if support 7250 is broken.

٣ أغسطس ٢٠١٨

I would short around 7250 because we go down to 6200 for a bounce.

The elliot wave drawn is in a bullish scenario where the wicks are not considered for a correct elliot wave.

٣ أغسطس ٢٠١٨

ملاحظة

The short is based on RSI going lower even with RSI+EMA.
Another factor is the rejection of the 61.8 Fib retrace with low volume

٧ أغسطس ٢٠١٨

ملاحظة

we currently bouncing of the upper trendline, if this gets validated
we see a new low and might bounce from 6.3k