BTC breaks below pendant. Look out for another drop!!! Soon!!
Short now! Bearn pendant broken
Drop to 3450 soon!!
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RSI is still moving up for now on the 4hr, 1 hr looks like it is positioned well. This resistance wont last long. Once 4 hr RSi gets closer (If BTC does a long shot move and makes a new high on this pendant) it will still be part of a rising wedge and will still be Bearish.
Short to 3450 still active
Once 3450 is achieved we will consider another reversal attempt or a continuation downwards.
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Diamond formed at bottom of bear flag, watch for a move up before to ultimate drop to 3450. Should go no higher than 3700-3750 then drop.