Down to previous top, support, bounces up, does or does not break the previous high, creates a bear div and dumps.
So I kinda had an idea, If you look at the first crash (green triangle1), the top of that crash turned support for the bounce of the following crash. If you look at the top of the red triangle1, it turned resistence for the run following the red triangle1 breakout ( marked with thick red line) This would be the worst case scenario, dont think we could go lower or...
Idea about CVC long term, currently not yet an active trade, I don't think bottom or breakout is confirmed, but orders set at green lines, targets on fibs and cloud levels.
Another possible scenario, this time on a smaller time frame. A similar pattern happened at the end of November, when price broke out of descending triangle. This time I think the leading indicator will be fundamental, because of FUD building which wasn't present the last time around. If the support around 15272 is broken, and we have a close below that level, a...