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Based on two previous two ATHs in Dec 17 and Jun 19 and two correction periods that followed, we can find the following clues: 1. First drop would form a triangle pattern above or close to 55 EMA with RSI < 70 2. Second drop would be a nosedive with wicks touching 200 EMA 3. RSI < 50 and 55 EMA below other lower time frame 8,21,31 EMA would be bearish Prediction:...

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Down n up

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it falls

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BTC 1h chart sees recent 3 touches on bottom of the long-term uptrend channel no. 1, with support 7550, resistance 7770, fluctuates around 7600+ range Bullish - once it hits above 7700, to see if move above the channel Bearish - tanked at 7550 and moved out of uptrend Beware of bull/bear traps in the no trade zone Wait for confirmations to enter short/long...

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Triangle pattern bearish if break out 44.5K satoshi, bottom of triangle to test 40K satoshi. bullish if pound above 50K satoshi, to test 60K satoshi.

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Key resistance and support with Elliott wave