why not, right? are you selling? of course not ... not yet! but wait for it to hit $8.5k and it won't take 2 confirmation or it's half way down again in a matter of hours ... promised ;-)
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look how nice all those lines match up ... of course it will hit the $8.5k mark ... it has to
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then again ... if it fails to reach that level and starts to drop, it's telling us that it won't stop at 78.6% ($7,350) but go at least to the next step, which is the 61.8% - $6,455 ... at least
40% drop from $8k = $5.8k ... ow wadda ya know; that's the %50 level ...
the question will be; how fast did that go ... that will tell us the velocity
40% drop from $8k = $5.8k ... ow wadda ya know; that's the %50 level ...
the question will be; how fast did that go ... that will tell us the velocity