Short term correction into Higher time frame support
LINK Created an impulse move to the downside on August 16th, as marked in the form of 1,2,3,4,5 impulse count. Expect another leg down after this ABC corrective wave is finished.
Price should see a dip down to .00092687 in the coming week, that support zone is a key support on the daily chart and I expect bulls to heavily defend that level.
That is where I would be looking to be a buyer for a long term entry.
Price should see a dip down to .00092687 in the coming week, that support zone is a key support on the daily chart and I expect bulls to heavily defend that level.
That is where I would be looking to be a buyer for a long term entry.