Hi
So got the wave 2 call wrong, whoops :'(
The wave has continued downwards breaking past a few of my noted supports and currently hitting hard up against the $8,373 . If we are to break this support here are the 3 next supports afterwards.
However i am hoping for a bounce soon , as a bear flag is indicating a nice 5 wave count in order to begin our third wave.
8,373 was listed as a possible bounce number days ago along with the supports above, so i am expecting a bounce on one of these support lines.
As im typing this $8,373 has been pierced, if we are to continue downwards $8,150 is next.
OR these are just wicks and we move upwards soon, as the RSI is looking like its nearly in the oversold regions.
My primary count with a final destination in the 10k zone is still in play, i just believe this is our 2nd wave down.
Unsure on how low it will go, but surpassing $7,797 will get very ugly.. so keep an eye on price movement and hopefully ill have time for a later update!
Legal Disclaimer: I have no idea what I'm doing and I'm not telling you to follow me or make investments based on this information, this is just my thoughts and ideas and what ill be following. Happy Trading!!