I foresee a retracement for TOTAL 3 extending into April.
Since December 24, we have observed a retracement for TOTAL 3, and I anticipate this trend will persist until April. Based on wave analysis, the final wave is expected to be the longest, consisting of five waves and potentially dropping TOTAL 3 to around $740B. If this scenario unfolds, it could result in several challenging months, marked by significant "crypto bleeding."
It’s worth mentioning that some cryptocurrencies may still experience great individual waves, as usual. However, I believe the overall market trend suggests a delay in the broader bull run.
My advice, if this prediction holds true, is to exit the market while this outlook remains valid. Once the charts show a positive shift, you can re-enter the market and fully enjoy the journey of the bull run.
It’s worth mentioning that some cryptocurrencies may still experience great individual waves, as usual. However, I believe the overall market trend suggests a delay in the broader bull run.
My advice, if this prediction holds true, is to exit the market while this outlook remains valid. Once the charts show a positive shift, you can re-enter the market and fully enjoy the journey of the bull run.
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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.