Correction in an expanding market
Correction in an expanding market observing basic bubble principle and wave theory, returning to expansion sustainable trend.
I didnt put too much time counting waves or setting support and resistance levels. This is just a general feeling and observing of the market. Blockchain technology is great and promising but 2017 boom is hardly sustainable considering all the risks and premature state of the technology and it's implementation.
I didnt put too much time counting waves or setting support and resistance levels. This is just a general feeling and observing of the market. Blockchain technology is great and promising but 2017 boom is hardly sustainable considering all the risks and premature state of the technology and it's implementation.
Nota
Here's a dive into Elliot wave analisis of this correction.Hope you enjoy.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.