- We are approaching the stage where accumulation prices start to get interesting.
- After an 87% drop from ATH, it doesn't make sense for it to be a distri₿ution.
- The main trend line is overcome, we can see that this is not an impulsive dump ₿ut a slow decline.
- Wave C may take some time to reach the very ₿ottom, after which I would expect a sideways move with HH & HL
-Please leave a comment ₿elow the chart with your opinion on the matter. Thank you :)
- After an 87% drop from ATH, it doesn't make sense for it to be a distri₿ution.
- The main trend line is overcome, we can see that this is not an impulsive dump ₿ut a slow decline.
- Wave C may take some time to reach the very ₿ottom, after which I would expect a sideways move with HH & HL
-Please leave a comment ₿elow the chart with your opinion on the matter. Thank you :)
