Look for a bounce next couple of days
7 weekly red candles and everyone calling a bear market. I know the free money propping up equities and crypto was unprecedented but just like the buying eventually stopped, so will the selling.
Chart is my wychoff accumulation idea from a few days ago (link below) and you can see we're following it so far. A relief rally should happen next few days and then a re-test and then we head into phase D and the final phase of the pattern. Aiming for 45-48k
Chart is my wychoff accumulation idea from a few days ago (link below) and you can see we're following it so far. A relief rally should happen next few days and then a re-test and then we head into phase D and the final phase of the pattern. Aiming for 45-48k
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