All we need to know going forward
First of all, the blue line comes since 2013. It acted as support so now is only normal for it to be the resistence this bull run will end have to break or die trying.
Second, the Fibonacci retracement shows our upper limit at about 81k.
Third, the black line, our current bull run support I think will be tested again after hitting 80k.
So, in conclusion, I advice to take profit on everything crypto related and look careful if we go to the BLUE dot. This will be the most interesting place to buy alts or short the hole market.
If the support breaks, we should she a correction of more than 50%. My best guess: 30k.
Second, the Fibonacci retracement shows our upper limit at about 81k.
Third, the black line, our current bull run support I think will be tested again after hitting 80k.
So, in conclusion, I advice to take profit on everything crypto related and look careful if we go to the BLUE dot. This will be the most interesting place to buy alts or short the hole market.
If the support breaks, we should she a correction of more than 50%. My best guess: 30k.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.