Just another way to look at it. Gets harder and harder (but not impossible) to argue a persistent downtrend. Especially if we break 10.3K again. Preferably this weekend.
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Do you think breacking 10,3k$ means an strong uptrend is coming ? Like we will have the wave 1 of an impulse to at least 14k$ ?
Then, I guess it can go up or down, if we are in a looooong abc correction, the c comes after hitting 14k$ if we are at the beggining of a rally the third wave of a major impulse will take us to the moon.
Really hoping for the rally, but what do you think about securing some profits at 14k$ ? Like 25-50% of portfolio, just in case it dips again ?
Not asking for a financial advice here, just an advice, I always take my own decisions ;-)
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Nice long term view chart.
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