In my previous idea I warned against selling bitcoin unless it breaks below the key support @5420. I also pointed out that there is still possibility for another all-time high under extended 3rd wave scenario. This scenario is outlined on the chart. The break of $5500 should serve as a stop loss.
Komen
⋅
Detailed chart:
Komen
⋅
And the alternate, reversal scenario:
Komen
⋅
So far, so good. Such a clean entry from the 'Buy Zone'.
Komen
⋅
Meanwhile, price has hit the main target which is confluence of two pitchforks. I'm not very bullish at this point.