- Actually TheKing entered a a correction phase. - We climbed for 4 Months Straight. - This kind of retracements are just normal.
- if TheKing still bullish the maximum correction will hit -38.2% Fibo (around 25k$). - if Theking get hurts by a bad news (FA), the correction could bring the price around -61.8% FIbo (around 21.5k$). - The worst max pain dip would be around -78.6% Fibo (around 18.5k$).
- Have a quick look at EMAs Rainbow Crossing up to get a more clear view and understand future movements.
-- imho we are still slowly turning to a bullish impulse. -- Nothing confirmed that we will hit lowers prices for now.
Stay Safe !
Happy Tr4ding !
Komentar
Zoom out from 2011 to appreciate the beauty of the Rainbow.
Komentar
Zoom in forming trend :
Komentar
Always interesting to have a look at the median line formed by parallels.
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.