BTCUSD Daily Chart update - June 23, 2018

https://www.tradingview.com/x/TQgg4w2s/

Yesterday we had a $800 candle from the high to the low. Very similar day to June 10. All of the gains in the last 7 days were wiped out in a day. That is what bear markets do. We had a flip of daily TD to red. My bottom trend line was violated and we are still bellow as of this moment. I am expecting a bigger bounce towards the 6,300-6,400 and then a firm break of $6k. On the downside my targets are as follows: $5,400, $4,900, $,4,400, $4,100. We could take as little as 1 week and as much as 2-3 months to get to this levels. I would much rather prefer to get it done quick.

Weekly: Down

Daily: Down

4 hour: Down

1 hour: Neutral

Prediction for the day

Advance toward $6,300-6,400 and then down again

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