Not Out of the Wood
Updated
The deadcat bounce in wave 4 corresponds to the hype in legalization this fall with the mid term election. After that, we will have another leg down to close the gap at around $1.25 USD.
Just my 2 cent.
Just my 2 cent.
Note
Notice my wave 3 is not finished yet. It has a chance to come back down to $2.00 before the deadcat bounce happens.Note
Trade Closed. The recent movement has taken out any possibilities of another leg down in current structure.
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.