BTC further decline [-30%]

Rising wedge breakout and retest. EMA50 and 100 broken and close to inversion.
Below strong support of EMA150 and 0.618 fib - short term reversal?
EMA50/100 crossover and upper 45k resistance can provide impulse to further -30% drop to 30k support.

Comentário:

I've just noticed I labeled EMA250 with EMA150 in the chart, sorry for that.
So the current price action stuck between resistance and support and EMA150 and EMA250:

The resistance is approached with small volumes and after each touch there is quite some sell off with increased volume. It doesn't really look promising for bulls.

Comentário:

30k level has been touched already today... I didn't expect it to be so fast. Crazy.