Short
80% dow crash is coming soon!
ever since last year i have been predicting a 80% crash after we hit 36k! now that we have broken a huge resistance level i think we are really close to hitting our target.
once we hit our target i do believe that an 80% crash will come right after:
right now price is forming a lot of bearish patterns which makes me more confident that we will have a massive drop right after 36k
reasons why i think we will crash:
1. bearish divergence
2. market is overvalued
3. price is about to hit the 618 fib level (36k)
i will make another post talking about the crash one we finally hit 36k!!
once we hit our target i do believe that an 80% crash will come right after:
right now price is forming a lot of bearish patterns which makes me more confident that we will have a massive drop right after 36k
reasons why i think we will crash:
1. bearish divergence
2. market is overvalued
3. price is about to hit the 618 fib level (36k)
i will make another post talking about the crash one we finally hit 36k!!
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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.