Bitcoin touched the support line It was a good downside rally, now the shorts should be closing and traders are buying coins at cheaper prices I'm waiting for correction until 38.2-50 level fibonacci
Well, this is probably the medium-term analysis and many will think so.
But if you take a more long-term view, the head still sticks out halfway and one shoulder is crooked.
It needs to be stretched flat. Only then is the correction over, IMHO.
ForecastCity
⋅
@ReallyMe, Good job! Take a look at our idea, let us know what you think about it.
without_worries
⋅
Following the sell off on Thursday & Friday in last week's S&P 500 market, it would be a brave trader that buys into the dip. Sitting this one out until the end of the month.
cheekclapper857
⋅
@without_worries, Makes me feel better I'm not the only one. I've learned my lesson that FOMO makes for some stupid trades
without_worries
⋅
@cheekclapper857, Trading on emotions is the worst, learnt the hard way years ago - never again!