We have seen the top for now and a correction of around 35% seems logical based on what we have seen in previous bull run, also we need to. Why now?
1. Grazy run in 3 consecutive months
2. Fib level 2 @ 35644 reached (kind of, maybe we have a second attempt on that level and fail)
3. Fib level 1.272 @ 24074 confluences with 20 Week MA
4. Current top connects top of 2013 and 2017
4. RSI is hiiiiiiighhh
5. Bollingerband overstretched (not shown here)
6. Because I can enter again at a lower price and I dont like FOMOing in at a higher price
1. Grazy run in 3 consecutive months
2. Fib level 2 @ 35644 reached (kind of, maybe we have a second attempt on that level and fail)
3. Fib level 1.272 @ 24074 confluences with 20 Week MA
4. Current top connects top of 2013 and 2017
4. RSI is hiiiiiiighhh
5. Bollingerband overstretched (not shown here)
6. Because I can enter again at a lower price and I dont like FOMOing in at a higher price