IF the Bullrun is not over yet, then this is how it could play out. Though, I am not all in. If it goes down, I will buy some more. If it goes up, I will make profits anyway. IMPORTANT: This projection is based on the previous cycle with fibo level, golden ratio and Pi, it could be wrong. MORE IMPORTANT: This is not financial advice and I am not a professional...
Keep in mind: 1. Mostly depends on Bitcoin 2. Set always stop loss 3. This is no easy money and there is no guarantee that the market will follow If you have lost most of your money because of panic selling during the crash, now is time to think carefully, not to jump on risky trades Haste is a poor counselor
Unfortunately it seems there is plenty of room for more downside. As always all depends on how Bitcoin will behave. Someone can say it was too obvious, but I think no one could have imagined so a large correction. Even though has already happened in the past. Trade wisely
As the title says, this Idea is risky I have tried to count Elliot Waves and this analysis presumes we are in subwave 1 of wave 5 . !!! IT COULD BE 100 % WRONG !!! Many inexperienced traders are in panic-mode on, so they are buying the tops and selling the dips, with the result of losing money. I know because I did the same 2018. Then I learned to set stop...
It seems ETH will try to break the upper boundary of the ascending channel. Or maybe will retest support :)