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BITCOIN The continuity of the "Elephant Foot".

BITFINEX:BTCUSD   Bitcoin
Well, as we can see, it stopped falling, and with that, based on the price action, there is a possibility the signal will reach the orange line at 7034.00 and then fall. We have a elephant foot candle from yesterday and it indicates continuity of the fall, so the value can reach 7034.00 and fall, if it continues, it should reach 7115,70 (green line) and if still continue, next stop should be at 7348.80 (blue line), but, do not forget: the tendency is to fall, unless it breaks the opening of the candle "Elephant Foot" ...

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