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Bitfinex 1D chart
What happened today is of course this manipulation, the index of greed is off-scale, so this fall has happened.
Can we think for a long time why this happened?
But the fact remains.
what's next?
This is what I showed on the chart.
Here showed a grid of levels and lines of supports and resistances and possible options for continuing the movement.
We still continue to move in the upstream channel, we are near the support line and it is likely that after this impulse I expect a slight correction in black or in a large yellow triangle. With the continuation of the movement
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1H Chart
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