SelfKey Correction Continues - New Base Projection

KEY CLUES TO WHERE SELFKEY MAY FIND NEW BASE

Here's the update on the KEY correction movement. My analysis is based on the chart provided by Tradingview.com, and I used IceCream Screen Recorder PRO for the chart art.

I have been following the dip, and paying attention to the critical fib circle rings that I set several weeks ago which are known to be “hot”. The fib circle analysis is clearly my favorite indicator for use in sniffing out pivot points, and price line movement.

The price line blew through the 4.236 fib circle boundary and went straight for the 3.618. It looks like it stuck to that fib ring for a few hours. But not long enough to guarantee that this is the new base.

The volume is gone, and staying very quiet. Without buying pressure, along with a weak stochastic that could still take another dip down into the oversold zone below the 20% line, I think settling on the 2.618 fib circle boundary is probable. That would bring a price of around 0.0027'ish.

IF it dips that far again, I'm loading the wagon. It could be the last stop before the bull run happens. But I do think buying in the range of 0.003 to 0.004 is still a great opportunity to do some dollar-cost averaging.

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Carlton Flowers
The CryptoPro

NOT FINANCIAL ADVICE - Entertainment purposes only. Seek a qualified investment advisor before making any decisions on purchasing cryptocurrencies.

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