- BTC could retrace to the 1st purple target area which is between the 0.5 & 0.618 fib levels of the Elliot wave A
- this target area is also the bottom of the ichimoku cloud
- bearish TK cross
- double top
- high RSI
- the second target area is the 1.618 fib level of the wave A move, it could reach this target area if there is not a lot of buying volume
- this target area is also the bottom of the ichimoku cloud
- bearish TK cross
- double top
- high RSI
- the second target area is the 1.618 fib level of the wave A move, it could reach this target area if there is not a lot of buying volume