If this insane bull run continues and the stock market doesn't take down crypto with it on Monday, then the Fib level suggest the top to be somewhere in December, with a top of around $5600-$6000.
The cyan fib is long term Fib, and the yellow is shorter term Fib. By combining these two, it gives you a pretty good perspective on the price movements.
The cyan fib is long term Fib, and the yellow is shorter term Fib. By combining these two, it gives you a pretty good perspective on the price movements.
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I didn't have much faith in this one, but I made this to counter my previous bearish scenario. I had a feeling it was the top, which proved to be correct.
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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.