As you can see from the monthly candles, it is commonplace for the middle of a move up to have a monthly 'doji' type candle as we will probably have here this month.
I think the probabilities are BTC closes the month similar to the other times in history, and then in January begins a nice monthly candle will be seen, just like before. There is a warning though--we are approaching the end of the bull market. According to Elliott Wave Theory there are only move waves in an impulse move like we are currently experiencing, and we are on wave 5/5!
I think the probabilities are BTC closes the month similar to the other times in history, and then in January begins a nice monthly candle will be seen, just like before. There is a warning though--we are approaching the end of the bull market. According to Elliott Wave Theory there are only move waves in an impulse move like we are currently experiencing, and we are on wave 5/5!
Penafian
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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.