We are basically mirroring what we did in the 2013 cryptocurrency bullrun. This is a rough estimate when we will pass our all time high. If we do break past the all time high, the market will rally towards the level from July 23rd, 2015. If we do not reach it, it would be proof of bearish trend reversal and more or less confirming the previous week's historic low.
In this regard, we have to see the next intermediate low, which can be the result of a medium term (4-6 months) bearish top, or can be a medium term (1-2 months) bullish top. We could use medium term as well as the intra-term (more than a month) lows to take positions
In this regard, we have to see the next intermediate low, which can be the result of a medium term (4-6 months) bearish top, or can be a medium term (1-2 months) bullish top. We could use medium term as well as the intra-term (more than a month) lows to take positions