This is my first post on technical analysis in cryptocurrencies. I would really appreciate any feedback on my analysis. I would like to thank @haejin for his videos on Elliot Wave theory and technical analysis. I highly recommend you follow him for some proven technical analysis and price calls.
If the price keeps declining, I believe we could be heading towards a price point of around $9,500. The chart shows Coinbase, so I would assume the average market price to be a little lower than as shown.
Congratulations @softvision! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOPCongratulations @softvision! You have received a personal award!
Click on the badge to view your Board of Honor.
Do not miss the last post from @steemitboard:
Congratulations @softvision! You received a personal award!
You can view your badges on your Steem Board and compare to others on the Steem Ranking
Do not miss the last post from @steemitboard:
Vote for @Steemitboard as a witness to get one more award and increased upvotes!