Hello investors.
I repost and re-edit my chart multiple times to be updated.
Take this one as long-term based on daily time frame.
I think, crisis ain't done and the worst will come yet.
We can spot a lot of similarities with 2008, when
Bitcoin does not exist. It is on SP500 chart.
To make is simple I let bars pattern in chart as an example:
It would happen very soon, probably with start in this May ( traditional "Sell in May and go away" ).
Don't read news if wave is done.
This rally was suspicious from its beginning and only made Lehman formation.
I don't expect much upsides - to be clear.
I am just a passenger as you. So let's wait and see.
My belt is fasten already ;-)
With care always,
Emvo.
I repost and re-edit my chart multiple times to be updated.
Take this one as long-term based on daily time frame.
I think, crisis ain't done and the worst will come yet.
We can spot a lot of similarities with 2008, when
Bitcoin does not exist. It is on SP500 chart.
To make is simple I let bars pattern in chart as an example:
It would happen very soon, probably with start in this May ( traditional "Sell in May and go away" ).
Don't read news if wave is done.
This rally was suspicious from its beginning and only made Lehman formation.
I don't expect much upsides - to be clear.
I am just a passenger as you. So let's wait and see.
My belt is fasten already ;-)
With care always,
Emvo.
Comment:
Let's wait if the Diamond confirms top.
Comment:
Diamond broke down and approaching 200 weekly MA. Break below will confirm further down trend especially.
Comment:
200 weekly ( green line ) is holding. If some upside exists, it will be a new top around that red average ( 100weekly).
Comment:
June should be sideways/bearish.
Comment:
Forming into orange triangle
Comment:
There is some confirmation already at breakdown.
Not very profitable period for holding as appears to me :
Not very profitable period for holding as appears to me :
Comment:
Some space for return remains.
However I don' see much-less reasons for upside.
However I don' see much-less reasons for upside.
Comment:
Not closed, but another lower low:
Comment:
Retesting orange triangle. Weekly close was below:
Comment:
Back into triangle:
Comment:
If BTC get about red line high, it will invalidate this analysis:
Comment:
Zoom out insight on Fibos:
Comment:
Still just higher low, but will see :
Comment:
If bull flat play out, 35k and new TA is possible :v
Comment:
Order cancelled
Comment:
Some of struggle below high still. Time will show :
Comment:
I am curious how this ends :