It seems we are still on wave 4 retracement.
As mentioned in an earlier post as wave 2 was smooth and straight wave 4 should retrace almost horizontally which is what we are currently seeing on both the hourly and daily chart. Interesting to see what will be the support. As it passed the 27c support today may retrace back to 21c again. Or we will see support tomorrow and head back to resistance at 30c.
Will be interesting to see what tomorrow holds.
It seems we are still on wave 4 retracement. As mentioned in an...
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