as long as 3000 ish doesnt break too hard
Trade active
i know it looks horrible but ...February 2015 was similar:
(2019)
i dont think this "time is different", but i expect this to take longer to ATH again (way bigger market cap plus plenty of s8coins)
Note
A more realistic view Trade active
-Triangle bottom target reached.
-Fractal target reached.
After such great moves, market almost certainly has to retest the starting point. I wouldnt short this here, but taking some profits if you are a trader - you cant go wrong.
I preffer buying more when the shakeout comes.
Mobile chart for ilustration purpose only.
Note
I cant wait to see how this pandemic will affect risky assets, as the second wave is underway. The train should start moving soon.Trade active
Its all good. The road to the sky is full of traps. I expect a 30% correction. Hope you left some cash on a side :)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.