morning,
as we continue the descension (as predicted in my last video)
i see one of two paths
both paths give us a decent sized bounce at the monthly 21ema closer to 36k
a deadcat bounce more likely than not before further continuation to the downside.
a conservative downside target once that bounce completes sits at 31k
worst case scenario it drops to 23k (monthly 55ema).
-----
similar to 2018 & the covid crash in 2020 (the last few times we challenged the monthly 21 ema on such a great scale \ once it broke down we saw a real capitulatory move down to the 55ema.)
trade safe 💸
as we continue the descension (as predicted in my last video)
i see one of two paths
both paths give us a decent sized bounce at the monthly 21ema closer to 36k
a deadcat bounce more likely than not before further continuation to the downside.
a conservative downside target once that bounce completes sits at 31k
worst case scenario it drops to 23k (monthly 55ema).
-----
similar to 2018 & the covid crash in 2020 (the last few times we challenged the monthly 21 ema on such a great scale \ once it broke down we saw a real capitulatory move down to the 55ema.)
trade safe 💸
注释
it's a traaap city注释
might be gearing up for a larger abc注释
36.6k is the key, if it is breached - look out below ~注释
注释
1 more hit to the low, then we ride
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免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。