BTC/USD Plausible price action

26 thg 3, 2018

The coin is into a down move which should be completed at the end of the 5th wave. It would fail if it reverses before the low of the 3rd, so that we expect a move at least as deep as the 3rd wave. What is more, the volume is also decreasing, except for the bigger red candles which is also good for the downtrend. The RSI came back to its bearish levels and, therefore, the only undergoing thing should be a bear move.
*Disclaimer: this is for educational purposes only*