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Every rally gets sold off, This is the definition of a BEAR market just need the 20% decline so the media will admit it.
Dont buy this market.
Price could break out to the upside once long term trend line is touched.
Or could fall to a full retracement.
Or much worse if that fails.
Bitcoin maybe be trading in to a giant descending wedge and nearing a break out to the upside.
This is after completing a traditional market crash cycle.
A 6 year long trend might be coming to an end.
Btc could fall further.
Will this continue?
Predicting Ripple will Break out around new year.
Could the end of this bearish trend finally be almost over?
Ripple trading between Fib and trend lines in 8 month consolidation?
What if ripple is just trading in a 8 month long giant consolidation. Bouncing between Fibonacci levels and trend support and resistance until it breaks out again?
Model is still vaild first up arrow complete.
A bullish take on ETH
Bullish trend in charge.
Bullish trend. a sustained move above $4300 would be bullish.
Model for 6.6% correction in the Nasdaq
Credit for this idea goes to Edwin vandenburg I have put my own slant on it but the fundemental idead is the same.
Expecting a correction in October.