Elastics 25ish% long

90 1
I expect it to respect the trendline from before. Would buy into a confirmed uptrend and sell on the volume node. Doubt it will hit the second target this time, but who knows.
Comment: Price broke down following BTC. Interesting to note the wick, but the larger market continued to be bear as we failed 10k.
Due to the movements of BTC, Elastics fell through the trendline. I mentioned buying into a confirmed uptrend for this reason.
+1 Reply
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