Not my own thought, just an interpretation of Masterluc's interesting post ( twitter.com ) .
It may be either A or B, it does not matter much ( for medium term ).
I was bored.
Decided to update Masterluc's bubble chart.
P.s
long from $6.000 -
there's no need to be upset, @postmalone released his new album today - have a good Friday!
This idea is based on Masterluc famous chart.
My trendlines are a bit different but we can see many correlation in price movements.
At the moment we are in a support zone formed by the MA50,the ascending trendline and 461.80% of the huge fibonacci retracement.
I drawn just three of the infinite possible move.
The bearish one has correlation with the bearish...
