Money Man is content with Red Target 1, as there might be a bit of change in the wind now. Strange things have been happening on some of the exchanges and volume is out of whack so that might foretell change. Thus, an update on the analysis is in order.
There will be a lot of talk about a double bottom on this chart, but we need some form of confirmation of a notable bounce first and that is why Decision 1 is where it is. Money Man is waiting for price.
Conclusion: There are pointers at change, and you will only know you are on a ladder once you are on the first rung. Do not let the snakes get you. Remember there are no guarantees, only probabilities. Very Important to me: Please like if you appreciate the effort, Please comment and develop this further and Please follow if you see this analysis thread going somewhere you would like to know about.
There will be a lot of talk about a double bottom on this chart, but we need some form of confirmation of a notable bounce first and that is why Decision 1 is where it is. Money Man is waiting for price.
Conclusion: There are pointers at change, and you will only know you are on a ladder once you are on the first rung. Do not let the snakes get you. Remember there are no guarantees, only probabilities. Very Important to me: Please like if you appreciate the effort, Please comment and develop this further and Please follow if you see this analysis thread going somewhere you would like to know about.
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