Closing doge short at 19.50 cents(entered at 27.62)
well the crypto crash finally started. The crash i was told I was an idiot for calling. 9/10ths of my comments were flaming me and telling me to quit posting.
Well here we are.
We just made the first impulse down. It did a 618 retrace up. Expecting it to bear flag down to 19.5 cents. It's likely to bounce there a little so I'm closing my short and waiting to see what happens.
As you can see on the screen, the bear flag shows it will drop exactly to the old support(blue dashed line) where we did the bullish gartley a few weeks back.
If you're a gambler you can buy 19.5 cents and see what happens. I believe it will crash one more time... but it might come all the way back up to 27 cents first before crashing again.
I'm just going to wait before suggesting anyone do anything other than close a short at 19.5 cents.
Well here we are.
We just made the first impulse down. It did a 618 retrace up. Expecting it to bear flag down to 19.5 cents. It's likely to bounce there a little so I'm closing my short and waiting to see what happens.
As you can see on the screen, the bear flag shows it will drop exactly to the old support(blue dashed line) where we did the bullish gartley a few weeks back.
If you're a gambler you can buy 19.5 cents and see what happens. I believe it will crash one more time... but it might come all the way back up to 27 cents first before crashing again.
I'm just going to wait before suggesting anyone do anything other than close a short at 19.5 cents.