On 4hr chart, still consolidating waiting for the next move.Some big transactions happened earlier but still yet to see the price movement yet, maybe soon. Drifting further from channel, channel invalidated. More likely for leg 2 staircase pattern. It would be good that if it can dip fast to test triangle bottom and bounce up to close above 3600 zone on weekly but time is short. Also stoch on weekly doesnt look good for now unless the price catch up. Overall still bearish to downside testing triangle bottom.
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Short term moving average (day candle) :
Network Value to Transactions Ratio :116
Total marketcap :130
Bitfinex Margin Long/Short Volume Ratio :
Depth Chart : (S) | (R)
Weekly Timeframe :