So we've hit the 34 week WMA targets. Yet to break $9,000 big even. But volume and action signals weak support (no significant rush back in or strong bounce). Seems to me lower lows will be tested... Any insights @srezz what the next train stop is?
RE: The Volatility dried out
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The Volatility dried out
We would need to consolidate today's losses. Then the next stop is $7660 +/- $50 depending on the data feed.
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Hey @srezz , which support level indicates 7660?
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It's the 0.618 Fibonacci retracement level of the the entire move from the low on the 11th of Jan. 2015 to the all time high on the 17th of December 2017 ( from $163 to $19704 in my data feed).
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Thanks :)
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