Most would agree that we should probably see the $16,200 level within a week or so, and for the most part I am in agreement. We could move sideways as suggested by some. I also feel that we could have a small bounce off the 200ma, then go under shortly after and continue the downward channel. We could potentially reset RSI and do a proper retrace down to 16.2k while also forming a bullflag on the 4hr. What would please the algo-bots more? This is not trading advice.
Trade closed: stop reached
