1 and 2 year MA's Crossing Bottoming Pattern Fractal
As you can see here there seems to be a bottoming fractal playing out. It's this kind of thing that is making me second-guess being too bearish right now. Too much confluence that screams "BULLISH" in the large timeframes. It's our job to study trends in the price action as traders and I don't think many people are giving the biggest, strongest trend of all enough credit. Bitcoin's 4-year moving average HAS NEVER POINTED DOWNWARD. The CHARTS tell us that Bitcoin is a rocket ship about to leave Earth's orbit.
The 1-year MA is about to cross the 2-year MA. Last time that happened Bitcoin went on an epic bull run.
This fractal is not CONFIRMED, but I am watching this very, very closely.
The 1-year MA is about to cross the 2-year MA. Last time that happened Bitcoin went on an epic bull run.
This fractal is not CONFIRMED, but I am watching this very, very closely.
Nota
Played out PERFECTLY!
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.