All crypto market looks really bad. Probably it's time for capitulation event.
And while we had one during covid crash we can look at the structure of price to know that now it looks very the same.
What is interesting is that then everyone was claiming that it wasnt possible to recognize the bottom, but was it really when we look at the ETH ?
Broadening Wedge Pattern was pattern printed then and also now we can reach the lower band of the wedge what would give us possible double bottom with price slightly below June bottom, so around 850 usd.
This is where I buy if we get there.
And while we had one during covid crash we can look at the structure of price to know that now it looks very the same.
What is interesting is that then everyone was claiming that it wasnt possible to recognize the bottom, but was it really when we look at the ETH ?
Broadening Wedge Pattern was pattern printed then and also now we can reach the lower band of the wedge what would give us possible double bottom with price slightly below June bottom, so around 850 usd.
This is where I buy if we get there.