Hello Steemians and my followers,
As I posted last week BTC up move looked very corrective and I predicted a bounce from trend line as bearish correction:
So far it did exactly under my forecast and after pullback BTC possibly making a bearish correction for a plunge:
However will we see a deep plunge to make new lower low or this is just a deeper correction before break out of descending channel? At this point it's not enough pattern to say that, so I'll update the chart later this upcoming week!
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Note: This is not a financial advise or trade call, it's only my personal opinion and arrows in the charts shows just an indication of direction, not the specific points or targets!