Tolberti

Total Market Crypto Cap - Head and shoulders + Triangle warning

Short
CRYPTOCAP:TOTAL   Crypto Total Market Cap, $
- Overall total market cap is not looking good right now
- We can see this head and shoulders and also the descending triangle - 2 bearish patterns!
- I expect lower prices, also as you can see, we finished our Impulse Elliott Wave
- You can profit by this crash easily, just use futures market and enter a short position - I recommend SNX coin for example

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Comment: Rectangle pattern + double top reversal? Bullish above rectangle and bearish below rectangle.

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Comments

update please
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Tolberti MaciejApbt
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Does anyone remember how over the past few years it's been nothing but "buy gold", "become a landlord", "crypto will get you rich"? So far, being a landlord turned out to be the WORST investment, gold is dying as the dollar gains value, and crypto is going to head back into a bear market as the Euro heads down and the dollar heads up. Right now, Bonds and then value stocks that are domestic are going to do well imo.

Another thing, what do you think will happen to crypto when it's revealed that China uses it to pay off politicians around the globe?

Bonds, then domestic value stocks.
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Tolberti BMLemon
@BMLemon, Well, thank you for your comment.

In ny opinion, crypto will definitely make you rich, but we need to wait for a great opportunity. Right now, bitcoin is up almost 200% in 7 months, so i will not be surprised to see a pullback. Gold is greatm i recommend to buy for a longterm hold.

China use crypto, we all know that. What country adopt crypto, will be rich. That is for sure. But central bankers have control over all countries including china.
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BMLemon Tolberti
@Tolberti, I think the Euro is going to reach parity with the dollar. That will be when you want to enter crypto. I thinks it's possible that we put in a new low.
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Tolberti BMLemon
@BMLemon, yeah i know, its like a descending triangle,waiting for confirmations
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Post your questions, comments and related ideas about TOTAL market CAP here. I am looking forward to your thoughts!
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