@srezz the fact that the fall is so sharp does it mean that there is a possiblility for a faster recovery?
Cause for Eth for example it seems that the 880ish support is already broken.
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@srezz the fact that the fall is so sharp does it mean that there is a possiblility for a faster recovery?
Cause for Eth for example it seems that the 880ish support is already broken.
I don't think so. Because it is rather a reaction on the sharp growth. If we use history as a guide it took long 10 months of flat market in 2015 before beginning to recover from the previous drop of the similar magnitude.
There hasn’t even been anything close to a decent bounce yet. Would you be expecting one around that 0.618 fib?
yes
@srezz I salute u!
And once again thank u very much for all the knowledge sharing! For the past year or so I learned so much with u as a guide.