Overall crypto market chart could increase from 78.6% Fibonacci-Rotate intra-day retracement down. If we are on the right track, the crypto market may experience another intraday slowdown. Be aware of one more sideways consolidation before a sell-off occurs.
may have wave c completed, and with the current slowdown for wave d, a bearish triangle looks like a likely scenario. Look for a bearish continuation as soon as the sub-wave “e” of (4) is completely finished.
trades sideways. A bearish triangle within wave 4 may be nearing its end or still in progress. Watch for the decline into new lows for wave 5.
Bitcoin Cash-Price chart.
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Source: Crypto News Deutsch