Daydreaming in the Waiting Room

May 17, 2022

Sentiment is at its worst in a long time, traders are taking heavy losses, and supply has essentially transferred from weak hands that capitulated to stronger ones.

It's hard for us to expect significantly lower prices in the wake of the events of last week. As such, in yesterday's letter, we asked, "Was that it?"

But, looking over shorter time frames, the overall picture is still a messy one.

Article Sales Message

All Star Charts Crypto Members Receive

Our professional research delivered to your inbox
High conviction trade ideas to make money
Full coverage of entry and exit signals across the crypto landscape, including major coins, altcoins, and other tokens
Video conferences every week
Alerts to cryptocurrencies before they become mainstream
Custom indices, correlation, trend strength and relationship analysis
Access to Rangefinder – our proprietary app for tracking trade ideas in real time (annual members only)

You need to have a subscription to access this content in full.

Filed Under:

Crypto,

Crypto Blog

Daydreaming in the Waiting Room

You need to have a subscription to access this content in full.

Share Article