The idea is that crypto has been trading in one great rectangle pattern—
it’s all a giant range.
When the top is in, many tokens or vaporware retrace to zero, while others retain some value.
There’s the possibility of a cyclical quadruple top in the near term.
Once the top is confirmed, it’s back to purgatory, where scams, vaporware, and low-adoption projects get discarded before the next ascension.
This is what I’m looking at to gauge when to take profits
it’s all a giant range.
When the top is in, many tokens or vaporware retrace to zero, while others retain some value.
There’s the possibility of a cyclical quadruple top in the near term.
Once the top is confirmed, it’s back to purgatory, where scams, vaporware, and low-adoption projects get discarded before the next ascension.
This is what I’m looking at to gauge when to take profits
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.