We just stepped out on time, as it’s alway difficult to not fall in love with a direction.
This time it became clear the direction wasn’t on out side and we stepped out accordingly.
Now it’s guessing where this decline ends.
Current prices have some arguments:
- it’s the level of the previous wave 4
- it’s the 61.8% retracement level
So let’s see if there will be bottom signals, else I see you at $6 - $6.5k...
This time it became clear the direction wasn’t on out side and we stepped out accordingly.
Now it’s guessing where this decline ends.
Current prices have some arguments:
- it’s the level of the previous wave 4
- it’s the 61.8% retracement level
So let’s see if there will be bottom signals, else I see you at $6 - $6.5k...
Note
It seems this level is going to hold for now!
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.