It appears that what I thought was Wave 2 was only the Wave A of Wave 2. We had an almost flat correction (23.6%).
Due to this, the later targets are moved slightly.
Will 7.8k be a support?
Why will it be a support? Because the last pump just happened to stop there? I think the market is oversold but the Long's SLs will cause a crash from 7.8 soon.
For the original wave count, see the two linked posts.
Due to this, the later targets are moved slightly.
Will 7.8k be a support?
Why will it be a support? Because the last pump just happened to stop there? I think the market is oversold but the Long's SLs will cause a crash from 7.8 soon.
For the original wave count, see the two linked posts.
Note
this thing crashes so fast without any bouncetbh, haven't managed to open a short position
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Disclaimer
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.