All,
I think what we have here is getting obvious. Anything that goes up that fast without stopping for a pause should have the exact same issues on the way down. I can see a TON of big time investors/banks/countries massively loading up at 20K. Myself included will definitely leverage my position if it gets there. Worst case I see 11-14K retests.
Time will tell but if you previously did not care/do not care about crypto I would start caring from a profit standpoint in wave c weekly ending whenver that happens just add some alerts etc.
I think what we have here is getting obvious. Anything that goes up that fast without stopping for a pause should have the exact same issues on the way down. I can see a TON of big time investors/banks/countries massively loading up at 20K. Myself included will definitely leverage my position if it gets there. Worst case I see 11-14K retests.
Time will tell but if you previously did not care/do not care about crypto I would start caring from a profit standpoint in wave c weekly ending whenver that happens just add some alerts etc.
Note
you cant zoom in but wow did that hit
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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.