Disclaimer: Actually I've just started reading on elliot waves - 1,2,3,4,5,a,b,c
we're currently on b and there is gonna be another down trend probably to the lower side probably arounnd to the 700s region and maybe there will be an up trend afterwards
However, the MACD is crossing and there is gonna be another wave of lower highs and lower lows I'm speculating.
But we must be wary of another lower lows all the way to below 500 which may be probably before we get a solid rebound before trend takes off this year.
We are still early in the development of crypto and it is not going anywhere and must stay strong.
Any ideas or discussion is welcomed!
Thanks a lot peeps
we're currently on b and there is gonna be another down trend probably to the lower side probably arounnd to the 700s region and maybe there will be an up trend afterwards
However, the MACD is crossing and there is gonna be another wave of lower highs and lower lows I'm speculating.
But we must be wary of another lower lows all the way to below 500 which may be probably before we get a solid rebound before trend takes off this year.
We are still early in the development of crypto and it is not going anywhere and must stay strong.
Any ideas or discussion is welcomed!
Thanks a lot peeps