Red flag:
1. Oversold on weekly -> creating bearish DIV on weekly
2. Creating Bearish Div on 3D timeframe
3. Upthrust in Wykoff Distribution
4. Finish Elliot wave 5.
5. Whale loves to dump near halving.
6. If no comeback then no power to go up.
7. Whale may not bought the lowest but they have been accumulated at 24-30k, now they are in good profit and at this price they can not draw newbie yet.
8. Whale also want to REACCUMULATE at lower price so, extreme we go 30k
bearish DIV on Weekly is big deal.
So I think it can touch 54k before a big dump
1. Oversold on weekly -> creating bearish DIV on weekly
2. Creating Bearish Div on 3D timeframe
3. Upthrust in Wykoff Distribution
4. Finish Elliot wave 5.
5. Whale loves to dump near halving.
6. If no comeback then no power to go up.
7. Whale may not bought the lowest but they have been accumulated at 24-30k, now they are in good profit and at this price they can not draw newbie yet.
8. Whale also want to REACCUMULATE at lower price so, extreme we go 30k
bearish DIV on Weekly is big deal.
So I think it can touch 54k before a big dump