20-30% pullbacks are normal occurrences and healthy, to allow for profit taking , and also leverage traders to give back money to the market.
UP ONLY is a sign that the bullmarket is ending!
If everyone is winning
and everyone is in profit...
who is going to buy your coins?
So we can see the mini H&S with log and linear targets giving about a 30% pullback form the recent local high
Doesn't have to go all the way there of course and may actually reverse before the full target is met at around the $13 level ...
UP ONLY is a sign that the bullmarket is ending!
If everyone is winning
and everyone is in profit...
who is going to buy your coins?
So we can see the mini H&S with log and linear targets giving about a 30% pullback form the recent local high
Doesn't have to go all the way there of course and may actually reverse before the full target is met at around the $13 level ...
交易結束：目標達成
Was that the retrace? 20% pullback ... it could well be.
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