Hi Everyone,
I think we've recently started a C-wave of a zig-zag correction.
My current thinking is that we'll have one more wave down which I expect to reach around 11.8-11.9k.
At this point I would expect there to be support for a short-term bounce afterwards.
If price does significantly break above the upper parallel line this analysis is void,
Good luck!
I think we've recently started a C-wave of a zig-zag correction.
My current thinking is that we'll have one more wave down which I expect to reach around 11.8-11.9k.
At this point I would expect there to be support for a short-term bounce afterwards.
If price does significantly break above the upper parallel line this analysis is void,
Good luck!