A lot of violence going on the past few hours, where the bears took over with a lot of volume . During the last few moves up, the volume dropped slightly, so now it has become clear that the bears were exhausting the bulls and attacked when the buying volume was decreasing since the past few candles on the left.
Glad i gave a small warning on the Alt's and Bitcoin just before the second bigger leg of the drop happened. Alt coins were just not moving along with each move up Bitcoin did.
Going to keep this story short, we had have this big sell candle now, suggesting another wave down is very likely to happen. Can't say yet if this is the start of another bear trend (on these time frames) or that this is just an correction from the 3700/4050 rally. A lot will depend on the next drop, the volume of it and the size of it. If the volume is less than the drop we just had, it could stop in that green zone and bounce up and down again. If it's the same or more, we could see a much bigger drop.
If the 4000 breaks, this bear flag scenario is probably of the table. So you can see this as and ABC , so making wave C down now, or we start a new impulse wave down.
風險提示：本文所述僅代表作者個人觀點，不代表 Followme 的官方立場。Followme 不對內容的準確性、完整性或可靠性作出任何保證，對於基於該內容所採取的任何行為，不承擔任何責任，除非另有書面明確說明。
暫無評論，立馬搶沙發