According to the volume bars we are about even when RDD took of the last two times. Good sign for volume to come back in while price is holding steady on the 80EMA.
The first wave was 60%ish, the second wave was 50%ish so my first target is shown at 40%ish. I think it would be best to play my safer card considering the volume has not been as strong each pump.
If it reaches the first target I will be taking profits and reconsidering price movements. If it looks like the price is continuing then I will be looking for it to hit my second target. If correction looks like a possibility, the red box will be where I will be looking for a rebound. This is the area where the 50% FIB reaches my drawn trend line.
Good luck to all. Don’t forget to like and follow for updates!
****Any large movements from BTC Up or Down can kill any logic!!!! Be vigilant***
The first wave was 60%ish, the second wave was 50%ish so my first target is shown at 40%ish. I think it would be best to play my safer card considering the volume has not been as strong each pump.
If it reaches the first target I will be taking profits and reconsidering price movements. If it looks like the price is continuing then I will be looking for it to hit my second target. If correction looks like a possibility, the red box will be where I will be looking for a rebound. This is the area where the 50% FIB reaches my drawn trend line.
Good luck to all. Don’t forget to like and follow for updates!
****Any large movements from BTC Up or Down can kill any logic!!!! Be vigilant***
Comment:
And BTC dumped hard with an engulfing candle. Whole market fell including RDD
Comment:
There it is everybody. Price shot past target but its currently being supported inside target. GG RDD