Cryto Market Forecast
Good day guys
L.M in back to give to guys our forecast and what happen in the past 30 days. In the beginning of November the crypto market created a new ATH at +/-$3 Trillion and by mid November it had already started its correction and in less than 2 weeks it dropped from $3 Trillion to $1.9 Trillion and in that drop about 385349 traders were liquidated (+/-$1.79 Billion in BTC).
In that major correction the crypto market respected our critical support and trendline and it did not break it creati a new low above our critical support and trendline which might take a few more days to confirm the accuracy of the market continuing the bullrun and we will get full confirmation once we break $3 Trillion resistance then we will creat new ATHs as indicated in the BLUE path arrow, but if we break below $1.85 Trillion support we might form a H&S and start creating new lows as we enter bear market as indicated in the RED path arrow.
But all fundamentals and technicals still indicate that we are still in a bull market
L.M
Till Next Month
L.M in back to give to guys our forecast and what happen in the past 30 days. In the beginning of November the crypto market created a new ATH at +/-$3 Trillion and by mid November it had already started its correction and in less than 2 weeks it dropped from $3 Trillion to $1.9 Trillion and in that drop about 385349 traders were liquidated (+/-$1.79 Billion in BTC).
In that major correction the crypto market respected our critical support and trendline and it did not break it creati a new low above our critical support and trendline which might take a few more days to confirm the accuracy of the market continuing the bullrun and we will get full confirmation once we break $3 Trillion resistance then we will creat new ATHs as indicated in the BLUE path arrow, but if we break below $1.85 Trillion support we might form a H&S and start creating new lows as we enter bear market as indicated in the RED path arrow.
But all fundamentals and technicals still indicate that we are still in a bull market
L.M
Till Next Month
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