Short term i`d expect correction to develop between 0.382 and 0.618 - longer term and i don`t know for what reason a drop to 100% - $12000
abc move has hit the 0.618 extension - possible to go 1 to 1 longer term. see what develops in the circle as to which direction it will go.
if I was investing from here i`d be worried. trading it back and forth is fine.
abc move has hit the 0.618 extension - possible to go 1 to 1 longer term. see what develops in the circle as to which direction it will go.
if I was investing from here i`d be worried. trading it back and forth is fine.
Note
A small 15 min chart version of what i`m trying to describe. (the only difference is the correction developed under 0.618 before going 1-1
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.
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.