Thanks for viewing.
There are reasons to expect a bounce a bit bigger than the impressive (but relatively small) bounce so far.
The biggest reason is that the retracement of the dramatic decline since mid-November has been rather insignificant.
Also, the volume is back - people are starting to get interested again,
The red box represents where I will be exiting (my recently bought altcoin holdings in XRP, ADA, and ETH) in the hopes of re-buying significantly lower (the end of the move is based on my Elliot Wave count - we should stop at or around $3900. I then charted a 0.618 retracement before the larger degree wave 3 starts. Highly tentative target of $5400+ if everything pans out (for a 0.5 fib retracement of the price decline - which could be way more or way less).
Protect those funds and good luck.
There are reasons to expect a bounce a bit bigger than the impressive (but relatively small) bounce so far.
The biggest reason is that the retracement of the dramatic decline since mid-November has been rather insignificant.
Also, the volume is back - people are starting to get interested again,
The red box represents where I will be exiting (my recently bought altcoin holdings in XRP, ADA, and ETH) in the hopes of re-buying significantly lower (the end of the move is based on my Elliot Wave count - we should stop at or around $3900. I then charted a 0.618 retracement before the larger degree wave 3 starts. Highly tentative target of $5400+ if everything pans out (for a 0.5 fib retracement of the price decline - which could be way more or way less).
Protect those funds and good luck.
Not
İşlem kapandı: hedefe ulaştı
$5400+ reached
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.