For the noobs I explain what will happen the next few days.
Watch closely, turn off your emotion and just trade accordingly.
Watch closely, turn off your emotion and just trade accordingly.
What price is the lowest you predict it will go? It's difficult to work it out from that chart.
I would say at least 250.666
Do you think that will be an all time low for this year? Is it too difficult to predict a year in advance?
There is a small chance there will be a double bottom with roughly the same price a few weeks later. So in case you missed the first bottom, that one will be the last.
After that we will never see that bottom again in 2015 and beyond unless cryptocurrencies in general fail or some other pandemic black swan event.
Please quote me on it. I want to say "told you" later.
