3 Year Adam and Eve `bottoming structure Scenario
Market structure currently maps to an Adam and Eve and the bad news for the long-term bulls is that we might be only at the beginning of 'Adam' structure. That is a 2 year bear market still to play out!!
- Worst case scenario for this dip was $19k ($10k is reserved for Christmas). Market stops are gone. Entries on recovery.
- $30k no longer viable but excellent Trading ahead - Expecting a rally back up with a TP of $24k with ALTs rallying hard over next day or so before we do it all over again in April :)
Best, Hard Forky
Market structure currently maps to an Adam and Eve and the bad news for the long-term bulls is that we might be only at the beginning of 'Adam' structure. That is a 2 year bear market still to play out!!
- Worst case scenario for this dip was $19k ($10k is reserved for Christmas). Market stops are gone. Entries on recovery.
- $30k no longer viable but excellent Trading ahead - Expecting a rally back up with a TP of $24k with ALTs rallying hard over next day or so before we do it all over again in April :)
Best, Hard Forky
Commento:
$25k stretch
Commento:
Bearflag could take this to $19k early runners like ATOM are just under resistance and ready for a break
Commento:
Slow rally
Commento:
unexpected - possible break but possible new low
Commento:
non-stop to the previous break
Commento:
Impressive, possible top. Tough day if folk were short -
Commento:
End of the scenario -
Commento:
Bull trap likley
Commento:
top of channel, multiple resistance
Commento:
remains at top of channel
Commento:
bull trap?
Commento:
support
Commento:
Support unlikley to hold
Commento:
head above the line again
