- Everything is in Graphic and simple ( bubbles and fibo ).
- Upper trendline from 2018.
- This double TOP in 2021 irritates abit but it won't change the future.
- how we go and when we go... i don't know.
- Cryptos are volatile and super fast.
- Where we go... i know.
- Around 10T$ MC.
- if u want to know why CRYPTOS are super fast, i have an easy answer :
-...
While everyone will be looking to go to NEW HIGHS this next bull run.
I would advise caution.
I would recommend everyone watch for these other two scenarios and worry about them 1st.
#1. Quite possibly you see a Lower high in the range of $2t as shown by the first level marked in red line.
#2. I would watch for a DOUBLE TOP on Total.
Until both of these...
Global Zone 1.008T-709.181B
Purchase level 869.515B
Local area 873.661B-657.391B
Purchase level 775.162B
Sweet Shopping Zone 857.15B-741.039B
Secret purchase level 737.157B dotted line!
As it is clear in the chart, a 5-wave impulse structure has been created, probably this 5-wave structure is either wave A or wave 1 of a larger structure.
So now we need the market to complete wave B or 2 and enter correction.
With time analysis calculations, the possible time levels of price return are:
8 Jun
25 Jun
12 Jul
4 Aug
5 Sep
Also, using the Fibonacci...
- As we can see the total market cap is hovering between $1-3 TRILLION!
- The ATR average true range is still under the market which is bullish
- Lastly you can see the EMA lines have not crossed over to the downside!
Fundamental Analysis:
As we know recently India has issued a Ban on the All Private Crypto currencies, mean while few other related nations such as Nepal and Bangladesh are also working on some Ban Draft and that seems could show some Negative impact on the Total Market cap,
but these Bans are very Ordinary and Insignificant since system has tried its best to Ban...
well, we hit another high recently, the pull back was coming no doubt proving us that the market is 100% healthy.
it might head a bit lower than 20% at the moment, somewhere around 22% to 23%.
after that the market will head to make newer highs & break another record.
please let me know what you think & also share with me the cryptocurrency you want me to...
