Just the big picture
Just an idea, but don't you feel like the trend is slowing down?
The last few stages of the overall downtrend have been playing out between the regions of the last peak before 6th of Feb and the low of the 6th.
Since then we've actually been moving nicely in a channel, reaching lows now.
A cooling down period after a new ALTH wouldn't be unusual.
a 6+k low going to 11k wouldn't surprise me.
I'm not a financial advisor and I will and cannot take responability for any trading results.
That saud, happy hunting,
AndyN
The last few stages of the overall downtrend have been playing out between the regions of the last peak before 6th of Feb and the low of the 6th.
Since then we've actually been moving nicely in a channel, reaching lows now.
A cooling down period after a new ALTH wouldn't be unusual.
a 6+k low going to 11k wouldn't surprise me.
I'm not a financial advisor and I will and cannot take responability for any trading results.
That saud, happy hunting,
AndyN
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