Crypto Market Update 5.31.2019
Pretty self-explanatory. Hope you enjoy this video : ) If you like what I'm doing (been doing it for 7 months now), don't be afraid to leave a comment, a like, or a follow.
For fun, here are several earlier charts where I suggested the bottom might have been in, and why:
January long trade idea:
February 28th:
March 5th. Specifically this quote:
"IF we have seen the bottom, I think it's possible we will test the bear market resistance (currently between 4600 and 4800), then retest support around 4K and shoot off towards 6K, where we'd find a much longer term resistance (previous log uptrend line). If we happen to break past even that resistance, we could just get back into the light blue uptrend channel , and target 8-9K prices sooner rather than later."
March 12th:
March 22nd (press the play button on this one, it's fun):
This is not financial advice. This is for speculative and educational purposes only.
-Victor Cobra
For fun, here are several earlier charts where I suggested the bottom might have been in, and why:
January long trade idea:
February 28th:
March 5th. Specifically this quote:
"IF we have seen the bottom, I think it's possible we will test the bear market resistance (currently between 4600 and 4800), then retest support around 4K and shoot off towards 6K, where we'd find a much longer term resistance (previous log uptrend line). If we happen to break past even that resistance, we could just get back into the light blue uptrend channel , and target 8-9K prices sooner rather than later."
March 12th:
March 22nd (press the play button on this one, it's fun):
This is not financial advice. This is for speculative and educational purposes only.
-Victor Cobra
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