I Feel if there is Santa Claus it will bounce this price right now... Beutifull bullish pattern is closing and either we will finally see the confirmation pump of the year or play one more dead cat 'till Jan 2020...
1. feel like a buyer around this correction dance. 2. And RSI on 30m is finally oversold and rocketing up. Bulls may give at least one good fight before we are dropping to form triple bottom pattern.
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So, this prognosis didn't work out that tells me that we are about to experience at least another correction down to 6800-6900(forming double shoulders, inverse) or a massive drop to the new low at 5k-6k.
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You know what? This scenario still may play out, and we're talking 7700-8600-10K+ numbers - the impulse's probable height. A correction, yes, did happen.
But now there's an entirely different story to be told... What was a correction have just become an impulse(in our mind's layout, and vice versa).