Follow me for more Technical analysis that surround the crypto market (BTC, Altcoins, DXY, SPX, Nasdaq, Bonds and more) This content is not Financial Advise, but help you out in your decisions.
Check my long term analysis below before checking the short term analysis here.
A) We could just find support here and break to the upside soon
B)We could first have a relief rally, opening space for more downtrend.
C)We could just break to the downside and initiate a new bull rally in the markets.
In all cases we need to be ready to open positions when opportunity comes.
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