The abc corrective structure from 61k zone is being reported as a FLAT and have the potential for continuation of the downtrend.
노트
The updates are from D waves system,. D waves system is an Elliott wave identifier . This is not a financial advice. Do your own research before making any decision.
노트
Bull trap being reported by the system on lower time frame, price ATM 70338.
노트
The nearest target on lower time frames is 65800.
노트
Major trendline formed by the corrective abc channel is broken. A breakdown towards overall projection is anticipated.
노트
Next target 60k zone on lower medium time frame.
노트
as per D wave system BTC now marking an abc correction on lower low time frame and need to dump further after this 3-4k correction.