short term pullback of our bullrun.. we are definitely not done
Hi guys,
please see latest update on my previous idea, why we bottomed at 6.4k or our 0.50fib retracement, so overall I expect a big bullrun towards 14k for the next coming months
but this is just a small swing trade idea, as we have reached our fib circle resistance as well as previous local high at around 9443 USD
we should be retracing a little bit for the next few days, I am expecting most likely just until end of this week only btw
1. back to our golden pocket ratio, so around 8.6k-8.7k range
2. touching our support trend line
3. bull run will be invalidated if we break the red "we are doomed" line, or below 8.2k
so small correction the next few days, and then we pump back up towards 10k line :)
-Ryu
please see latest update on my previous idea, why we bottomed at 6.4k or our 0.50fib retracement, so overall I expect a big bullrun towards 14k for the next coming months
but this is just a small swing trade idea, as we have reached our fib circle resistance as well as previous local high at around 9443 USD
we should be retracing a little bit for the next few days, I am expecting most likely just until end of this week only btw
1. back to our golden pocket ratio, so around 8.6k-8.7k range
2. touching our support trend line
3. bull run will be invalidated if we break the red "we are doomed" line, or below 8.2k
so small correction the next few days, and then we pump back up towards 10k line :)
-Ryu
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