Don't freak out! I used Elliott waves, Fibonacci extensions, Gann indicators, Wyckoff market cycles, Jim Hurst cycle analysis, Bollinger bands analysis and substantial historical data and found very strong support at around 0$.
Just kidding, of course - that level might not even hold. :)
On a more serious note, even if it looks like a W bottom right now, I somehow feel a capitulation candle coming, targeting 300$ levels.
Don't catch a falling knife until you have VERY strong reversal signals.
Just kidding, of course - that level might not even hold. :)
On a more serious note, even if it looks like a W bottom right now, I somehow feel a capitulation candle coming, targeting 300$ levels.
Don't catch a falling knife until you have VERY strong reversal signals.