@herbray, what do you mean by this, and what do you expect to happen over the coming week?
TronCollector
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@kash27, The chart pattern when there are those sharp drop offs straight down followed by a slight period of consolidation (trading sideways) is called a bear flag. Sign of a continued decline. I think we will start to see a slow recovery over the next week or so to retest 10k. No reason to not be bullish right now. Just alot of FUD going around. One more slight sell off is still possible before the up and up, but things look alright.
TronCollector
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One more dip would make sense to me because that would be a bounce around that .5 fib.
TronCollector
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Would suggest slowly laddering into positions expecting slight retracement still.