In Sync with Stocks

The #crypto market moved yesterday in synchrony with #stocks. All this is in line with our #bearish view of the WXY correction as part of longer-term consolidation in ABCDE. Shorter-term fluctuations are harder to count. I indicated a couple of scenarios where the red one is less likely to me. As said earlier, I would expect wave b to be more pronounced. If markets hold today, crypto may go into the weekend, tracing a more complex ABCDE triangle to complete B and sell-off next week. It is just a possibility, not trading advice. Our role with these updates is to illuminate the roadmap for you.

Ethereum, 12-hour chart

Want to read more?

Subscribe to to keep reading this exclusive post.

Subscribe Now
34 views0 comments

Recent Posts

See All