We just stepped out on time, as it’s alway difficult to not fall in love with a direction.
This time it became clear the direction wasn’t on out side and we stepped out accordingly.
Now it’s guessing where this decline ends.
Current prices have some arguments:
- it’s the level of the previous wave 4
- it’s the 61.8% retracement level
So let’s see if there will be bottom signals, else I see you at $6 - $6.5k...
This time it became clear the direction wasn’t on out side and we stepped out accordingly.
Now it’s guessing where this decline ends.
Current prices have some arguments:
- it’s the level of the previous wave 4
- it’s the 61.8% retracement level
So let’s see if there will be bottom signals, else I see you at $6 - $6.5k...
Comment:
It seems this level is going to hold for now!
