casim

Post Mortem

COINBASE:BTCUSD   Bitcoin
The cause of downfall appears to be double tops as identified in The Reprieve

There was later a pullback attempt from arrow marked support

Pullback resulted in double bottoms as well as breakout of blue descending broadening wedge (Triple Treat)

Double bottoms got busted, resulting in the continuation of the downward march, originally triggered by double tops, creating yet another lower ceiling descending broadening wedge prison cell and new double bottoms' pullback adjusted target for double tops which is in line with the bears' flag's second!
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