Unfortunately, my darkest scenario seems to be coming true. Nano, is just beginning to close the handle in an inverted cup formation. If there is no upward bounce, we are in for a downward rally.
In a nutshell:
This is not financial advice.
In a nutshell:
- first, the price will fall to the level of about $0.5 (blue line on the fibo),
- then there will be a re-test of the Cup and Handle formation,
- finally, we will face a slow (or maybe fast) decline to the level of $0.08.
This is not financial advice.
