It seems that every SEPT there is a big drop and thus making it a very bearish month. I don't see any outstanding reason why it will be different this time around. I don't see another few Trillion pumping into Crypto this month and the money coming in now is heavily leveraged and has been heavily leveraged since the beginning of this last bull run. Food for thought.
BTC Looks oddly familiar to April. Looks like a Whyckoff distrubution pattern yet again. lets see.
ABC Correction Continuation. C Wave.
If my count is correct and judging by macro events regarding the FED and the SPX. I'd say 9k is not far fetched.
9 on TD Hanging Man Candle Lowering volume Rising Wedge
Considering the whole market is still in the gutter, there is a high chance this move up might fail, yet i remain optimistic and bullish for TRX even in the short term. Main Net is still 7 weeks away, so might still be rocky until the final weeks. anyone have any insights?
DOES ANYONE HAVE A DIFFERENT COUNT? AGREE OR DISAGREE? Im not sure where final C will end up. Could be a truncated C also. Let me know your thoughts. Many Thanks.
this is my count for a bearish scenrio. anyone got something different? agree, disagree?
all wave structure are about to complete. and bat pattern forming.