BTCUD - Pullback could be a Shakeout
Hi Everyone
I'm not too worried about the current pullback, from the analysis it seems likely to be a shakeout.
Target for 73K still intact. NOTE that it is imperative to asses your own risk at these levels (price discovery and ATH ranges).
Best Regards
Ev
I'm not too worried about the current pullback, from the analysis it seems likely to be a shakeout.
Target for 73K still intact. NOTE that it is imperative to asses your own risk at these levels (price discovery and ATH ranges).
Best Regards
Ev
Komen:
In the 1D, the green has made contact with the 50 line and in the 3D our grey is about to drop beneath level 50. We could see a few days of correction, but it is also possibly an extended shakeout in which case the fractal here is a good example:
