Hi Everyone! We weren't Expecting such a juristic move yet this is crypto world. As in our previous we explained that we were at support level and we could make a jump back to the top of the channel and continue to move downwards. It was a 50-50 chance for the upward movement so I did not believe in opening knew positions since it would be pure gambling. However we have touch our target and started to retrace . I believe it is reasonable to take take profits and wait for the market cool down. Stay safe!!
As always just a thought not an advice!!
Previous analysis:
As always just a thought not an advice!!
Previous analysis:
