For confirmation buy-in wait till its past the 7347 resistance around 7500.
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(Not trading advice ) Note that targets will retrace after being reached as they are resistance points so we can take profits at these resistance points and buy back in after each dip.
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Didnt break out and retraced backwards instead. We still have 4 more weeks of this correction left so how low can we go !!!
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Unless theres a pump in the next few days ( or BTC does not stop falling at 5k ) we may be following this graph below. in whcih case all coins may retrace to roughly 1/3 their current value by the end of the 4th week as it shows BTC 2420 . We stll show 4 more weeks of correction left ,
But the good news is all tokens do come back up . so relax and welcome to the crazy crypto market,