This is a syndicated repost published with the permission of Slope of Hope – Technical Tools for Traders. To view original, click here. Opinions herein are not those of the Wall Street Examiner or Lee Adler. Reposting does not imply endorsement. The information presented is for educational or entertainment purposes and is not individual investment advice.
Part of the reason crypto has been falling to pieces is because Celsius (which pledged huge interest rate returns and the ability to get your money out at any time…………..and then froze assets) plunged hard. It has, in recent hours, had an explosive, bear-destroying move higher. As a chartist, however, I look at a chart like this and conclude it’s screwed ‘n’ tattooed.
Join the conversation and have a little fun at Capitalstool.com. If you are a new visitor to the Stool, please register and join in! To post your observations and charts, and snide, but good-natured, comments, click here to register. Be sure to respond to the confirmation email which is sent instantly. If not in your inbox, check your spam filter.
You must log in to post a comment.