Down to 40k-41k now.
We entered into the phase 4 buy zone.
However, it could go down a bit more.
If it break below 38-39k, the wave B will be cancelled and we may revisit the 25-30k low.
We entered into the phase 4 buy zone.
However, it could go down a bit more.
If it break below 38-39k, the wave B will be cancelled and we may revisit the 25-30k low.
looks like you were spot on!! on phase 5 now.
edit:maybe i spoke 2 soon LOL
The phase 4 is still going, the market is testing the 39-40k bottom. If it don't break, the phase 5 will be.
At the moment the bottom didn't break, and the 1d chart we can see that the market is bouncing up everytime the bottom is reached.
For those who had buy orders @39k, it's already profitable.
Yes this will become even more profitable since we reach this phase. I hope it will sustain from now on.
