- October 10, 2020
- Posted by: virtualxstore
- Category: trading
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This structure since ATH is still bearish , because the main impulse Elliott wave crashed to the downside. As per Elliott wave principle, we should expect an ABC correction to the upside now, before another move to the downside. I cannot turn completely bullish on this coin yet, because we need more data later and bulls need to prove more of themselves. And what is also very bad – a main trend line on Log chart since 1.34 USD is broken (you cannot see a specified trend line on this chart).
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