XBTUSD, 4H, June16-22, Get Ready to Sell. Major wave coming.
XBTUSD on BitMEX is on a heavy downtrend, and we see a pause in the past few 4H bars.
If the price falls below 6350, we may expect the downtrend resumes.
Since the major support since Feb/2018 has been broken, we can expect a major drop which is able to make a new low.
If the price falls below 6350, we may expect the downtrend resumes.
Since the major support since Feb/2018 has been broken, we can expect a major drop which is able to make a new low.