BTC-With Rebound-Chance?
The sell-off was exspected, after we saw the break of the supportlevel @ 6000.
Below that level several Stopps were triggered and accelerated the downmove. Todaz, we perhaps see the start of a countermove. This Countermove could reach up to the Fibo/Cluster. But that possible countermove will not ruen the chart bullish. The momentum is still bearish AS LONG BTC IS TRADING BELOW the BreakOutlevel at 6000. Above that level, the chart brightens a bit >/(
Below that level several Stopps were triggered and accelerated the downmove. Todaz, we perhaps see the start of a countermove. This Countermove could reach up to the Fibo/Cluster. But that possible countermove will not ruen the chart bullish. The momentum is still bearish AS LONG BTC IS TRADING BELOW the BreakOutlevel at 6000. Above that level, the chart brightens a bit >/(
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