Looking at the Elliot Wave structure we just finished a nearly perfectly elliot wave. The orange line below show the long term uptrend direction starting mid 2017, and have have since hardly ever touched the line. All the indicators are showing a oversold market and we just left behind the problem of another Mt Gox market dump. All in all after this nice dump everything has been set up nicely to continue our new 1st wave on this uptrending momentum long term.
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