While BTC is "in the middle of nowhere" let's have a look at also relatively boring in terms of the current move timescale TORN. You can surely sell it off within the framework of the bearish Wolfe' pattern aiming at the levels below $20 on the target line 1-4-6. However, that is likely to be the intermediate goal since we've got a by far larger counter-attacking bullish Wolfe' pattern, the "sweet zone" of which lies in the area down to $5 per coin. Whenever it happens (you can never tell how long it takes to get there) you will put in your buy-stop orders with the ultimate target at around $80.
Enjoy your fish at lunch today, Yours, ICBF Swinger Dagmar
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.