RE: Major key support is broken
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Major key support is broken
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That post 17 days ago proved much closer than much of what was being presented here on Steem by many others since. Good stuff.
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As a matter of fact the very first time I tried to warn people of what is in the making on one of the most popular perma bull's blog here, on steemit, 25 days ago.
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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.
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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.
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There hasn’t even been anything close to a decent bounce yet. Would you be expecting one around that 0.618 fib?
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yes
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@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.
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Thanks!! Now that we touched 7.6k, do you think there will be any chance to dip that low again or lower? Or we will stay around 9k level for a while before shooting up? Many thanks :X
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Click here.
And here is even more interesting.
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Thanks, really interesting. I hope this is just a temporary thing as always :D
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