📊Will the crypto and stocks reverse soon?

How do you think when the price of stocks and crypto start to grow again? In this idea i try to explain you the facts of the current market conditions and you decide it for yourself.
I made this idea almost 1 month ago at 23-25 of May.Using just the horizontal volume indicator I marked the value areas, falling wedge and price movement pattern of SnP500. As we see the price is almost follow my scenario. I adapt the price movement and borders of the falling wedge to the current conditions and pivots but the idea is still the same - change of market trend in 2-3 months.

[/b]The price have 2 support areas:
1️⃣ $380-397 - the price reach, break and collect liquidity below this area.
2️⃣ $332-342 - if the price reach this value area, we see the final capitulation at the stock and crypto markets.

When to expect the growth of SnP500 and crypto?
A lot of traders, big and retail investors return from the summer holidays at August-September, so I think that is time when volatility is also back to the market.

Some oil and geopolitical problems will become clearer, and some of them will find a solution by the end of the summer. Let's hope so, because the price will react instantly to any positive solution.

An important thing for us is the return of the SnP500 above the $400 key level. The NEWS channels will start to share info about it. It`s an important psychological level which help the retail trader to start to invest in the market again and push the price hugher and higher.

As we know crypto and stocks have the huge corelation and almost copy each other so if the price of SnP500 return above the $400 key level it will also push the price of the crypto higher.

What about investment funds and banks? The avarage expectation is $440-470 and it`s almost the ATH. Friends, the Big guys adapt their predictions for the current situation. For example, the prediction was $510-530 at the begining of the 2022.

So as you see even investment funds with the largest research centers and smartest analysts cannot know the exact price.

If this idea will get 300 likes i share with you the idea how the hicking rate help the price to grow with examples from history. This will help you not to listen to analysts, but to understand the current market situation by yourself.

Traders, what year will Bitcoin and the SnP500 return to their highs? Is it possible in 2022? Write in the comments!

💻Friends, press the "like"👍 button, write comments and share with your friends - it will be the best THANK YOU.

P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.

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