Amazing correction on 1h frame from 13951$ to 10700$ ..
For now we have a hammer candlestick in a confirmed correction down trend, if the next candle will close green we may see a brake out and the end of correction wave ...
Else than this, we can see deeper correction and we can touch the point of 8900$ ( I see this scenario as the strongest scenario) ...
Anyway altcoins will struggle more in this period, until the stability of bitcoin !
For now we have a hammer candlestick in a confirmed correction down trend, if the next candle will close green we may see a brake out and the end of correction wave ...
Else than this, we can see deeper correction and we can touch the point of 8900$ ( I see this scenario as the strongest scenario) ...
Anyway altcoins will struggle more in this period, until the stability of bitcoin !
Nota
The candle have closed green ... Let's wait ! The 50% fib level is strong and it's in intersection with the downtrend line if we'll broke it we will go forward ! Else if we broke the 38% fib level we will see the 2nd scenario that i have mentioned !
Let's hope for deeper correction !
SELL HIGH AND BUY LOW.
Nota
strong support at 38% fib level .. let's wait for the reteste ...
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.