Diamond Top has Formed - Looks Bearish for Now
According to Bulkowski's research, there is a 31% chance we go up and 69% chance of breaking down from this diamond top.
If we breakdown, we will find support at the .618 fib level (around $7500), or $7375 (which was the previous bottom).
Either way, expect some major movement within the next few hours.
If we breakdown, we will find support at the .618 fib level (around $7500), or $7375 (which was the previous bottom).
Either way, expect some major movement within the next few hours.
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