Multiple possibilities and outcomes
Bear trap, could be a flag, still bullish. Not out of the question, but unlikely.
.05 retracement, compare the RSI. Make your move.
Crashing through 5k resistance? Miners must be running at a deficit due to Chinese regulation. Elliot Waves are especially useful.
Bart: Eat my shorts.
.05 retracement, compare the RSI. Make your move.
Crashing through 5k resistance? Miners must be running at a deficit due to Chinese regulation. Elliot Waves are especially useful.
Bart: Eat my shorts.
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