wave IV could be a triangle. In this case we have bottomed at 5800 ( A) and once again at 6400 today (C)
or wave IV could be a zigzag. In this case we started wave (C) which could take us to 5K at .23 fibo or 3K at .14 fibo.
No one knows what will play out. But HODLERs will get their 30K (or even 100K) because wave V WILL COME. Someday.
My drawdown now is about 50% from january highs. But I will not hedge out my positions because we're closer to the bottom than the top.
Think about it: 30K/6K is 5x gain. 3K/6K is 2x loss.
Buy the dip, guys.
Also note since NASDAQ100 gave new high in march. It means that we're not in high degree correction in stock market yet and new highs ahead. And crypto will be a front leader of these highs.
All we have is our belief. Keep HODL, guys. Keep HODL.
or wave IV could be a zigzag. In this case we started wave (C) which could take us to 5K at .23 fibo or 3K at .14 fibo.
No one knows what will play out. But HODLERs will get their 30K (or even 100K) because wave V WILL COME. Someday.
My drawdown now is about 50% from january highs. But I will not hedge out my positions because we're closer to the bottom than the top.
Think about it: 30K/6K is 5x gain. 3K/6K is 2x loss.
Buy the dip, guys.
Also note since NASDAQ100 gave new high in march. It means that we're not in high degree correction in stock market yet and new highs ahead. And crypto will be a front leader of these highs.
All we have is our belief. Keep HODL, guys. Keep HODL.
코멘트:
Nice shoot. Eyes open at 8800 resistance
