You think it's unfair that you lost 80% on your average crypto invest in the last bear market?

You should be happy if you did not buy MONA coin as I did. Luckily only a small position.

MONA dropped from 24.83$ to 0.35$. That is a 98.5% decrease.... I think the bubble is burst now^^.

Today we saw a high at 3.15$ again, which is nearly a 1000% increase from the low. It seems like the condemned live longer^^. I hope to sell my position @ 7$ for a small profit in the coming months.

That is a great example of what happens after an extended wave5. It usually drops back to wave 4 level or in extreme cases like this, it can even drop back to wave 2 level... It is interesting to see that MONA did not make a new all-time low.

I hope to see an extended wave 5 in bitcoin as well when it shoots up from 180k to 250k in just one week. This time I will be ready to sell 90% of all my crypto positions with a predefined strategy.

If you think this to be useful information:


Feel free to use and share my charts, but please mention me, @ew-and-patterns as the author. Otherwise it is considered plagiarism and I will flag you and advise my friends to do the same.

Please consider leaving a comment, like or resteem, if this post entertained you or helped you see things differently...

Have a nice day :-)

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