BTC testing it's upper trendline , possibly forming that right shoulder at 5900-6000. major fib. resistance is still at $6200. if that doesnt break bottom trendline will be retested, and RSI will complet its cycle
Right shoulder target hit at $5980.
current price: $5680
next target: breaking the $5490 neckline for a further downward movement
Major trendline is broken. cancel trade