When the financial bubble breaks, it will return to the starting point. With the 2014 bitcoin bubble, it's exactly what happened. With 2018 bitcoin bubbles, I noticed the same thing. It seems that the 3k-7k5 price increase is a pullback, It's hard to be a long-term bottom with a short accumulation time and no retest. The same structure took place in 2014. And most...
The triangular bottom has been confirmed by breaking out from the bottom with a strong volume.
Opened short position LTCH19 at .01145. HSH complete and retest
ETH/USD Breaks out Falling wedge. Longed at 119.
BTT breaks Prabola, DON'T FOMO HERE. Maybe consider long position at .00045
This is just a comparison, not a prediction. It only gives us an unreliable proof of the crypto market, and we need to prepare a plan for that. Rather than eating hopimum to live. Thanks @BarclayJames for this ideal
HOT has completed the parabola bubble model. Maybe consider buying at 24 sts and 18 sts . DON'T FOMO HERE
Prices were rejected at 3435, I opened the short position at 3418. Target 3303.
Elliott wave scenario possibility
I'm longed at 3395, and I will supplement the position if the price breaks 3600. You can long at this position, SL at 3340. R / R = 8
It seems that selling pressure is decreasing. Price approaches the wedge angle. If 3440 support holds, I will Long. Entry point at the triangle edge. SL at the bottom of the triangle.
Long if break 3840 and retest. Target 5380 Short if break 3720 and retest. Target 3200