1000SATs, is the dump finished???

29 Tem

watched buyers get annihilated for the last couple of days, with the daily price action working towards a bearish engulfing setting a new lower low and a new lower high. personally, am waiting for a consolidation period at the 0.368 fib around .000256 or as low as the .000218 area. if those levels do not hold, and we go retest the critical support line I will be worried as that may signal an extremely bearish case scenario. but should the 0.368-0.05 fib levels hold, expect extreme movements to the upside