TimerofMarkets

Low Risk Crypto Shortsetup using Harmonic patterns

Short
TimerofMarkets Updated   
CRYPTOCAP:TOTAL2   Crypto Total Market Cap Excluding BTC, $
Keep it simple. Using Harmonic patterns.

The chart speaks for itself, a beautiful AB=CD pattern with the D mark at 638.575B, the zone between that D mark and the 632.919B mark is a very Low Risk Crypto Shortsetup. You can also see the rejections of the price above the 632.919B mark in the past. If you put in scaled orders for going short in that zone you should be just fine.

𝘼 π™‘π™žπ™ π™š 𝙖𝙣𝙙 follow 𝙬𝙀π™ͺ𝙑𝙙 π™—π™š 𝙖π™₯π™₯π™§π™šπ™˜π™žπ™–π™©π™šπ™™!
Thank you and have a good one
Comment:
As expected we had a very nice move down to the 620.783B mark (roughly 2% down). I do think it's unfortunate that the price didn't come in the box, if it had it would cause more liquidity. Anyway the 632.919B mark still was a good point for a 2% move!

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