In my last analyses on the 21st of September i showed you the count for being in a first impulse wave after correction.
Bitcoin smashed that out of the window so we are probably still in correction (duhhh).
We will have some retrace now after the last drop, i think to 6650 at maximum.
In my opinion a nice moment to ladder your shorts..
After this retrace we are probably heading lower to 5900/5800.
This wont happen in a day, but we will slowly move there.
It will be very interesting to see what happens when we reach this major support line of 5800.
For now that is very hard to say..
Keep you posted guys!
Follow this channel for more updates and give me a like when you enjoy what i am doing.
Note: This is not financial advise.
Bitcoin smashed that out of the window so we are probably still in correction (duhhh).
We will have some retrace now after the last drop, i think to 6650 at maximum.
In my opinion a nice moment to ladder your shorts..
After this retrace we are probably heading lower to 5900/5800.
This wont happen in a day, but we will slowly move there.
It will be very interesting to see what happens when we reach this major support line of 5800.
For now that is very hard to say..
Keep you posted guys!
Follow this channel for more updates and give me a like when you enjoy what i am doing.
Note: This is not financial advise.
