This bull flag is taking longer to flourish then I expected. Maybe in a day or so..?
Mallyx, you here? Whats your thought on current situation?
Maybe I am seeing things which arent there, which renders me biased, shilling krill.
Mallyx, you here? Whats your thought on current situation?
Maybe I am seeing things which arent there, which renders me biased, shilling krill.
It's hard to speculate on the current situation. When BTC moves a lot, the analysis are directly impacted.
On the other side, as Waves is young, some expected great news could push the price higher easily.
The correction may continue from here because we stayed for long in a overbought period. I don't think the correction will be harsh, but if we break below 180k we can expect a slow downtrend until 150k, maybe 130k. That's the bearish scenario.
I think we are on a short term bearish period. But I'm doubting... If we don't break soon below 180k, I will think it's bullish.