CRYPTOS Coiling Up For A Big Move

Cryptos have been a complete disaster as the chart shows.


We have a massive H&S at a top
A huge bear Flag
A structure forming below a bigger structure
Price actions violating the bottom trendline like its nothing but going nowhere.


The chart is screaming a big warning to all the bulls out there.

CAUTION!

Komentarz:

The more it coils up the bigger the move.

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BTC $26,600 HERE IT COMES!

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As Expected.

MAGIC!

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As mentioned the crypto market was coiling up for a big move down. It has begun and in the processes ETH is now cracking. I will.be posting that chart as well soon.

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If there is one thing that markets do habitually is to oversupply the market when somthing is successful initially and diluting its value.

Year introduced

Bitcoin - 2009
Litecoin - 2011
Ripple - 2012
Dogecoin - 2013
Stellar - 2014
Monero - 2014
Ethereum - 2015
Cardano - 2017
Chainlink - 2017
Binance Coin - 2017
Bitcoin Cash - 2017
TRON - 2017
Solana - 2020
Polkadot - 2020

Komentarz:

I first posted this chart back on Aug. 4th warning that it is coiling up for a big move.
Today CRYPTOS Cracking below $1 trillion CAUTION!

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**UPDATED CHART**
The coiling up may be coming to an end.