- last bear market we fell 85% before finding the bottom
- current bear market, 85% fall from ATH lands at our 0.618 lvl
I think late 2022 we wick down to 10k extremely fast, and still close the weekly above the diagonal support line and then 2023 we go bullish
- current bear market, 85% fall from ATH lands at our 0.618 lvl
I think late 2022 we wick down to 10k extremely fast, and still close the weekly above the diagonal support line and then 2023 we go bullish
Komen:
my short order at 21.6 just filled .. now lets see where the weekly closes
Komen:
yup.. back down below the 0.382 lvl again
not good for bulls
not good for bulls
Komen:
weekly failed to close above the 0.382 fib level, i'll be watching this weekly closely to see if the same happens.. could indicate a dump ahead imo
Komen:
looking at the 4hr currently, and bulls are struggling to stay above the 0.382 lvl and it's looking like it might dump..
Komen:
down we go! im going to stop updating this trade so much, but im not closing my short any time soon.. congrats to anyone who took the same trade
(might even open a low lev short at 21.6 area if we come up to it before the weekly closes)