Another beginning of someone's illusions shattering

XBT / USD (KRAKEN:XBTUSD) 11820.7 −142.0 −1.19%

Kerstin_Ohlsson

Aug 7

 

Wave Analysis

Ooops!..And yesterday $11.8K level was all of a sudden locked for the buyers who kept knocking at the door for the whole day, however, in vain. The current structure presupposes that the price will continue sliding downside thus leaving the buyers above $12K with their loosing positions. A day or two will show how nice our picture might be on the whole way to 1-4-6 target line of Wolfe's bear pattern. Keep steady chasing the price for adding up to the short positions of yours, when necessary.


Kerstin Ohlsson
Xena Exchange Swinger