Applying the Elliot Wave tells us that the price will go a bit lower (event to 1k) before it bounces on the support line that has formed
Comment:
We are on track for now and i am expecting it to go up in about 8-10 hours
Comment:
Considering the bearish nature of the trend and the fact that the support line was broken we may see at least a 50 to 38% retracement