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Crypto Market breaks parabola. Time for a dump

Uppdaterad

The market has broken below its parabolic advance since the bottom in December. We will likely see a 50% retrace from highs or more. That will be the time to accumulate for rally which will break ATH on BTC

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In Profit now, Target $9000 for BTC re-entry and $190-220 for ETH to re-enter ALTS

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BTC should bounce till $11-11.2k here. Look to short there for $7-8.4k target

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Adding to shorts here at 10.6k. Stop 11k

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Seems like we have channel here. I will look to close out my shorts and go long on BTC and major Alts on the next retest of the bottom line. 4hr close above 11k Invalidates shorts.

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Btc has an new H&S so dump might be coming. I think the inverse H&S is invalid since right shoulder length is too long

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Maket Structure looks so much like 2018 its scary

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Market sentiment on Alt coins is absurd. People taking out loans to long XRP. We might be heading for a very deep correction

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We got a 40% dump, Im out.

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