The crypto markets are so incredibly overheated, and it is completely apparent that we are close to topping out, even just based on the fact that grandmas on Facebook are posting that they are buying crypto (this is a very clear ‘sell the news’ situation
I have buy orders between 2000 and 1750. And then I have a major by order at around 1300 (this is where to load the truck)
Please understand that this is not a short term analysis, but having been treating the crypto market since 2014, I can tell you with a high degree of probability that we will see a major pull back across all crypto markets sometime within the next few years. I will be buying at major supports Shown in the chart
Don’t get played. This will get slammed and there will be better prices
GLGL
I have buy orders between 2000 and 1750. And then I have a major by order at around 1300 (this is where to load the truck)
Please understand that this is not a short term analysis, but having been treating the crypto market since 2014, I can tell you with a high degree of probability that we will see a major pull back across all crypto markets sometime within the next few years. I will be buying at major supports Shown in the chart
Don’t get played. This will get slammed and there will be better prices
GLGL
Comment:
Well this couldnt have worked out any better! The wick touched the top of our support range, 2K buy order was hit, very nice profit already taken as I closed the position at 2750. GG!
