Many are saying they are waiting for 20k - 25k to back up the truck. I was roughly in agreement.
I don't know the answer, but I created the dot targets when the price rolled over from 60k. Obviously, some of the dots have been realized.
Then I noted the price action adherence to the uptrend line (purple). Also, looks like a perfect cup and handle.
**Not financial advice.**
I don't know the answer, but I created the dot targets when the price rolled over from 60k. Obviously, some of the dots have been realized.
Then I noted the price action adherence to the uptrend line (purple). Also, looks like a perfect cup and handle.
**Not financial advice.**
Trade closed: target reached:
Well, unfortunately my "dot targets" are now a reality. Question remains, will we consolidate here enough to base and retrace higher. I am very interested in your opinion. Many say $12k - $10k range is in the cards, thoughts?