Yes this is a cyclic thing. First weeks of last cycle the price went from $ 1000 to $3000 but then broke the bullish line and had a fall into $2500 and finally into $2000.
History repeats again. We blew from $10k all the way into $40k, we had a downstep into $30k but we gonna fall into $20k.
Take the RSI for reference on the 1 W timeframe. I will play short for now and rebuy on 20s.
We are forming 2nd elliott wave.
When is it going to go up from $20k to $50k ??? When the RSI touches level 50 on the 3 D timeframe. Probably. Don't take any of my ideas as an order to do anything. Do your own research.
History repeats again. We blew from $10k all the way into $40k, we had a downstep into $30k but we gonna fall into $20k.
Take the RSI for reference on the 1 W timeframe. I will play short for now and rebuy on 20s.
We are forming 2nd elliott wave.
When is it going to go up from $20k to $50k ??? When the RSI touches level 50 on the 3 D timeframe. Probably. Don't take any of my ideas as an order to do anything. Do your own research.
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.