Hello,
1. Elliot wave retracement for wave 2 is at the green pocket at previous resistance which will be tested as support.
2. CME GAP AT 60K levels.
3. same fractals from historical price movement.
4. Harmonic Cypher pattern will throw the price to 60k levels back again.
5. Volume is missing on this breakout. possibly bulls waiting for a retest,
6. RSI Is overbought.
Cheers.
1. Elliot wave retracement for wave 2 is at the green pocket at previous resistance which will be tested as support.
2. CME GAP AT 60K levels.
3. same fractals from historical price movement.
4. Harmonic Cypher pattern will throw the price to 60k levels back again.
5. Volume is missing on this breakout. possibly bulls waiting for a retest,
6. RSI Is overbought.
Cheers.