I INVERTED the BTC chart and see a typical distribution pattern in the making. The pattern is represented by the 5 waves marked in yellow. This huge downward momentum will only apply if the pattern completes and penetrates to the downside, a biga$$ capitulation to be observed if it does and oh boy it's gonna hurt many gamblers (there's no investors in this field let's be real). I have long positions in ETH and altcoins and I'll sell the majority of my positions whenever the market pumps. I do hope that we'd see another all time high though, that's the fastest way to get rich no doubt but nobody should turn a blind eye on this distribution pattern. Again, I hope I'm wrong about it.
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.