Short

Updated

Fasten your seat belt, please.

Hello investors.
I repost and re-edit my chart multiple times to be updated.
Take this one as long-term based on daily time frame.
I think, crisis ain't done and the worst will come yet.
We can spot a lot of similarities with 2008, when
Bitcoin does not exist. It is on SP500 chart.
To make is simple I let bars pattern in chart as an example:
It would happen very soon, probably with start in this May ( traditional "Sell in May and go away" ).
Don't read news if wave is done.
This rally was suspicious from its beginning and only made Lehman formation.
I don't expect much upsides - to be clear.

I am just a passenger as you. So let's wait and see.
My belt is fasten already ;-)

With care always,
Emvo.

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Let's wait if the Diamond confirms top.

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Diamond broke down and approaching 200 weekly MA. Break below will confirm further down trend especially.

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200 weekly ( green line ) is holding. If some upside exists, it will be a new top around that red average ( 100weekly).

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June should be sideways/bearish.

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Forming into orange triangle

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There is some confirmation already at breakdown.
Not very profitable period for holding as appears to me :

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Some space for return remains.
However I don' see much-less reasons for upside.

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Not closed, but another lower low:

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Retesting orange triangle. Weekly close was below:

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Back into triangle:

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If BTC get about red line high, it will invalidate this analysis:

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Zoom out insight on Fibos:

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Still just higher low, but will see :

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If bull flat play out, 35k and new TA is possible :v

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Order cancelled

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Some of struggle below high still. Time will show :

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I am curious how this ends :

Emvo10

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Emvo10