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ENTRY OPPORTUNITIES FOR BTC AND ALTS INVESTMENTS? 💴
Will there be a continuation or will we see a reversal?
The narrow Bollinger Bands and difficult trend reading patterns related to Eliott Waves a little clearer now. What is the result?
The readout of the B_TC and ETH 1d chart - check out the picture - lead to my following a_ssumption:
1. We witnessed either leg A or C
2. If leg A, big boss might rally to 116-120 k!, and the support should build up at approximately 104k later on.
3. If leg C, we’ve found a support @ 96k.
4. Cross checking with further charts verified a MISSING TOP (higher high) FOR ME!
5. Huge buy positions were executed during the —5% phase by whales/institutions
Intentions:
Loaded some more LINK/ADA/SOL today AM, 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 this morning 😉👍🏻
All expressed my own opinion and risks my money! Consider crypto volatility and regular altered to high risks!
Che_ers crypto pioneers
Your T4P
_
No financial advice. Do your own research. #MarketCorrectionBuyOrHODL
Will there be a continuation or will we see a reversal?
The narrow Bollinger Bands and difficult trend reading patterns related to Eliott Waves a little clearer now. What is the result?
The readout of the B_TC and ETH 1d chart - check out the picture - lead to my following a_ssumption:
1. We witnessed either leg A or C
2. If leg A, big boss might rally to 116-120 k!, and the support should build up at approximately 104k later on.
3. If leg C, we’ve found a support @ 96k.
4. Cross checking with further charts verified a MISSING TOP (higher high) FOR ME!
5. Huge buy positions were executed during the —5% phase by whales/institutions
Intentions:
Loaded some more LINK/ADA/SOL today AM, 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 this morning 😉👍🏻
All expressed my own opinion and risks my money! Consider crypto volatility and regular altered to high risks!
Che_ers crypto pioneers
Your T4P
_
No financial advice. Do your own research. #MarketCorrectionBuyOrHODL
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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