We talked about Crypto market on May 21, where we mentioned and highlighted an ongoing five-wave bullish cycle within wave (5).
After recent sideways consolidation, which looks like a bullish triangle pattern in wave 4, seems like it's now headed towards March highs for wave 5 of (5) at least up to 2.7T - 2.8T area.
Any stronger extension higher towards 3.0T all-time highs area would be signal for an extended wave (5) or alternatively wave (3).
After recent sideways consolidation, which looks like a bullish triangle pattern in wave 4, seems like it's now headed towards March highs for wave 5 of (5) at least up to 2.7T - 2.8T area.
Any stronger extension higher towards 3.0T all-time highs area would be signal for an extended wave (5) or alternatively wave (3).
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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.