In today's video we share our analysis for the high probability of a wider market crash in cryptocurrencies.
For our own portfolio this means that we are looking to secure some profits and position ourselves to take advantage of any discounted levels that present themselves.
Let us know your thoughts in the comments.
One year from now and all coins will get back to 2017 prices, BTC will worth $800 probably.
I will try to keep this updated and count the waves but you get the point here...stay safe till end of next year .
BTCUSD $100k incoming end of year!
We have had a weekly Change of trend with perfect reversal patterns. The Wyckoff distribution was amazing and so was the head and shoulders pattern. The market was overextended and due for a massive pullback. We will definitely see price have a pullback to the $48k-$52k Price range. There is a breaker/order block combo at this...
Be careful, all the pumping has a correction !
I think it's time to correct at two zones that I determined !
In fibo channel has resistance around 4250 !
So do not be greedy and if you are in profit, make a small save in this range.
now it's not a good time for buying at this price and I suggest you wait until the price of 2900 to hunt this valuable coin
top of daily range since its death
moved into supply
H12 and H4 bear SFP's
1H breaker of that move highlighted
look to sort interactions of that
risk defined by SFP
if it fails, longs to low 3Keks could be on or even a new short entry if that breakout above the current range high doesn't hold
- I have seen this in 2017 and it will happen most likely again! Best strategy to do here is to sell your coins in the red zone. 56k to 60k range. Yes if I'm wrong you will lose a small profit, but if I'm right you will save A LOT of that profit.
- Green zone is where to buy again safe. 65k to 68k
- We are heading for the gold "Back to normal"
Wait for breakout above zone marked in blue to open any new longs, closing below 2045 zone is where bears will look to make a strong move.
levels marked can be used as relevant support/resistances as per the direction of breakout.