Many people think we've bottomed yet. That's why I recommend you to sell the swing trade at 5129.62$ after several Take Profits because it will pump. Or moon believers will get rekt. There is a very small chance to break through 6000$ resistance level. In that case, we buy again. If we follow Elliot Wave after the big IV and the ABC pattern, the next targets for a V (bottom) are 161.8% fibonacci at 2933.62$ and 261.8% fibonacci at 1577.05$. Please take that advice seriously but there is a small chance - a really tiny one - that we do a sort of double bottom at around 2933.62$.
The calculated most possible bottom is : 1577.05$. If RSI is good, it's bullish for few weeks or 2 months but we're not going to the moon! I mean not yet. Be patient and hold your swing trade till the calculated target for a big IV.
Sell STOP : 3480$
Best regards.
The calculated most possible bottom is : 1577.05$. If RSI is good, it's bullish for few weeks or 2 months but we're not going to the moon! I mean not yet. Be patient and hold your swing trade till the calculated target for a big IV.
Sell STOP : 3480$
Best regards.
