I'm not professional trader, but i would like to share my thoughts to. 1. We now on down trend. 2. yesterdays news about 6 ICO's on WAN network was virtually with no impact to the price and we further in down trend. 3. Cripto love to retrace a lot. I think if next 4h candle closes below 0.382 we will go down to 0.618 region. 4. This will complete ABC correction. 5. Pin (C) is support from previous uptrend, is support from down trend channel, and below 0.618 I personally will wait till price 0.00055 or so, and start re buying my WAN tokens.
Then here just fantasy. Later i think we will go abit sideways or maybe even lower and then we fill finally meet next cripto bull run. Which should be round of the corner :)
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.