ENTRY OPPORTUNITIES FOR BTC AND ALTS INVESTMENTS? š“Ā
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Will there be a continuation or will we see a reversal?Ā
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The narrow Bollinger Bands and difficult trend reading patterns related to Eliott Waves a little clearer now. What is the result?Ā Ā
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The readout of the B_TC and ETH 1d chart lead to my following a_ssumption:Ā
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1. We witnessed either leg A or CĀ
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2. If leg A, big boss could rally to 116-120 k!, and the support should build up at approximately 104k later on.Ā Ā
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3. If leg C, weāve found a support @ 94-96k.Ā Ā
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4. Cross checking with further charts verified a MISSING TOP (higher high) FOR ME!Ā Ā
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5. Huge buy positions were executed during the retracement phase by whales/institutions. Longs liquidated.
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Intentions:Ā
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Loaded some more LINK / ADA / SOL, as chances are low for a huge reversal and bear. Both factors leg A or C completions (if correct), might only lead to a consolidation around current quotes or (best case) a last rally for a higher high. Therefore risk probability low to medium, with an additional buffer of 5% if you entered at this prices ššš»Ā
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All expressed my own opinion and risks my money! Consider crypto volatility and regular altered to high risks!Ā
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Che_ers crypto pioneersĀ
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Your T4PĀ
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No financial advice. Do your own research.Ā #MarketCorrectionBuyOrHODL?