You could be right. Personally I think its to early to say that. If you are drawing a line from the pinbar Low of Aug. 22 to the bar Low of Aug. 5: there is no Close under this line until now. And then I speculate of the Fib 78 round about 4000.-, measured from the pinbar mentioned before. — Alternativley there could be emerging a SHS-figure. And then, we will see BTC downhill. — We will see... Good luck to all traders!
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