Bitcoin

Volume Slowdown and Sideways Targets

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Take a look at Fibonacci Retracement and Fibonacci Speed Extension Indicators. After a leg or an impulsive wave, price and volume usually slows down and begins to weigh the other direction, unless we are in a bull market (in that case, it would be opposite as bearish impulsive waves / legs would begin to be pulled back up). We should see corrective PA over the beginning of the week and Crab.

Eventually we might fall way down, but that depends on how the market reacts to the correction.

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