The scenario is part of a multi-year Adam and Eve Structure.
I expect a local rejection at around the
29K mark (early October) with an aggressive pullback down to $FWB:21K to retest longterm support. This will draw ALTs back to their previous lows.
- Remaining Long until local double top at
29K
- Short from
29K - weighting on Alts
- $FWB:21K offers very good long opportunities as the market calls for $10k in fear of another drop
Best, Hard Forky
I expect a local rejection at around the
- Remaining Long until local double top at
- Short from
- $FWB:21K offers very good long opportunities as the market calls for $10k in fear of another drop
Best, Hard Forky
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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.