Perhaps this party starts to be over for some time.
Outcome is not very nice for long time to come because even with bullish scenario we would be inside of B wave and B´s are most boring waves exist since it´s complexity it takes.
All RSI´s are full sell but what makes it worse is that each of them (TF), they also have Elliott Wave top divergence.
3 Key points:
– Hourly chart bullish contracting triangle destroyed chances for upside impulse wave
(It blowed up C wave which stopped exactly for 50% to potentially place B wave for it).
– Weekly Chart 0.862 retracement is max. for B wave.
– RSI sells with EW divergences.
