Potential Cypher Pattern Forming
Updated
This snapshot shows that a potential cypher pattern is forming. Therefore, I set certain points at for monitoring. Due to the fact that there are many persons that are first-time buyers of this crypto and that do not understand market dynamics, especially corrections, I have set levels according to FIB retracement on the x-c leg with alerts. I will plan entry at .886 and 1.272. If the conditions are not met, I will wait until my conditions are met.
Note
Well Time will tell on this....Downward pressure is still in play....but not a cypher.Note
Consolidating
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