I recognize a pattern here! Let's have a look...
The bubble of 2017 was huge - way larger than the latest one and way slower - therefore I assume that conclusions have to be adjusted accordingly.
But nevertheless I recognize a double top there followed by a sandwich between the daily 21 and the 55 that pierced directly through the 100 down to the 38.2% retracement!
Hold your breath - 2017 was much larger in scale and slower than nowadays - but we escaped the 100 daily to retest the 50 and the 21!
Might we follow a similar pattern today?
The bubble of 2017 was huge - way larger than the latest one and way slower - therefore I assume that conclusions have to be adjusted accordingly.
But nevertheless I recognize a double top there followed by a sandwich between the daily 21 and the 55 that pierced directly through the 100 down to the 38.2% retracement!
Hold your breath - 2017 was much larger in scale and slower than nowadays - but we escaped the 100 daily to retest the 50 and the 21!
Might we follow a similar pattern today?
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.