ChainLink / TetherUSShort
#CRYPTO BULL MARKET IS OVER? #LINK Technical Analysis shows
Mis à jour
The crypto bull market is over. Most bulls are still in denial or talking about a 'major cycle'. No.. I will just use text book simple TA to explain. See for example weekly chart of #LINK one of the major coins:
1. Long term uptrend broke.
2. First sell-off
3. Back to normal
4. Lower highs
5. Distribution range (wyckoff market cycle)
6. Lower high in range
7. Next is a break the low/support
8: Target is the next big support level and can be calculated by flipping the range..
1. Long term uptrend broke.
2. First sell-off
3. Back to normal
4. Lower highs
5. Distribution range (wyckoff market cycle)
6. Lower high in range
7. Next is a break the low/support
8: Target is the next big support level and can be calculated by flipping the range..
Note
Targets crushed and whole market dead...,
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.