This is not financial advice, this is just my perspective.
Should have posted this earlier but better late than never.
Looks like a bearish crab formation was forming, bounced back of the fib 1.618 level as it is supposed to.
Look for the next fib levels I marked based of the downtrend in the C-D leg as resistance,
consider your exits around those levels.
Let me know what you think.
Don't forget to follow if you would like to see more alt coin charts in the future. Bless you all.
Should have posted this earlier but better late than never.
Looks like a bearish crab formation was forming, bounced back of the fib 1.618 level as it is supposed to.
Look for the next fib levels I marked based of the downtrend in the C-D leg as resistance,
consider your exits around those levels.
Let me know what you think.
Don't forget to follow if you would like to see more alt coin charts in the future. Bless you all.
Trade closed: target reached:
Well that was quick...