A few more green test candles with low volume.. and eventually; things fume out and the final dumps happen. If everything goes to plan; we should see a HUGE volume candle matched with a V bottom where the big money accumulation orders will appear from no where buying up the final capitulation. Fears of 3k and 4K bottom prices should start appearing in chats and stuff a few days into the first leg of the dumps. Things are still in track in my opinion for a $5,100ish bottom price.
Note: That pink trend line I drew is the same one from the prediction posted a week ago; untouched and unmoved. So far, so good...
Good luck and happy trading!
Order cancelled
Prediction was proven wrong and failed. One thing about becoming a decent trader is letting go of all ego.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.