total crypto market cap just tagged the 100% extension for this massive zig-zag.
is that all the blood we're going to see in the short term?
possibly.
if 100% extension successfully holds, we will see a mean retracement of this move, before further downside.
---
if it happens to get below it \ flip it into resistance, we could potentially enter into capitulation territory;
where the titanic would simply sink, and it would take everyone with it who didn't bring a life jacket.
---
stop loss is your lifejacket in this market, be careful out there my peoples.
is that all the blood we're going to see in the short term?
possibly.
if 100% extension successfully holds, we will see a mean retracement of this move, before further downside.
---
if it happens to get below it \ flip it into resistance, we could potentially enter into capitulation territory;
where the titanic would simply sink, and it would take everyone with it who didn't bring a life jacket.
---
stop loss is your lifejacket in this market, be careful out there my peoples.