O.k guys. Here we will see if the bearish trend line rejects the price down into the crypto abyss. My thoughts tell me that we have not retraced enough for our wave 4. As you can see, we had 5 clean waves down to form our A wave. What I'm watching for is if our B wave gets rejected at the .5 fib level or possibly breaks and goes up to the 61.8 fib level. Classic technical analysis tells us to measure our A wave then connect it to the top of our B wave to then form our C wave target. My target is around $195-210ish. That target lines up perfect where our wave 4 should end and makes the most sense to me. This is not financial advice, only my opinions.. happy trading..