Hello everybody
According to the chart you can see the price want to drop more , we have 2 scenario for this movement of price
1st : After rally finished we need ABC of elliott and according to that we completed AB of correction and we are in Wave C and it can drop more to prz level
2nd : The Correction was finished and now we made wave 1 and we are in correction wave 2 and because of the the price can not drop more that key point level at second buy zone area
Until the market is in range zone and this condition is on market we cant say which scenario is correct
We need more details to decide what to do ?
And because of the tapering and condition of economic in the world we have inflation, we expect the risky market like stock market and crypto market should rise up to pour the inflation and to make the value of a dollar.
If you have any question send us messages
Good Luck
Abtin
According to the chart you can see the price want to drop more , we have 2 scenario for this movement of price
1st : After rally finished we need ABC of elliott and according to that we completed AB of correction and we are in Wave C and it can drop more to prz level
2nd : The Correction was finished and now we made wave 1 and we are in correction wave 2 and because of the the price can not drop more that key point level at second buy zone area
Until the market is in range zone and this condition is on market we cant say which scenario is correct
We need more details to decide what to do ?
And because of the tapering and condition of economic in the world we have inflation, we expect the risky market like stock market and crypto market should rise up to pour the inflation and to make the value of a dollar.
If you have any question send us messages
Good Luck
Abtin