The Signalyst got me thinking, what if we repeated November 2018
The Signalyst just published an excellent review of monthly drops comparing May 2021 to November 2018.
That got me thinking what would that current pattern look like compared to our current price level. Crudely mapped out, over the next six months to the next ATH there would be additional pullbacks and we would ATH in mid-to-late November at just under 100k.
Just something to consider and not at all scientific. Though the activity does look very similar and would interact with the current resistance levels that I had previously drawn out.
That got me thinking what would that current pattern look like compared to our current price level. Crudely mapped out, over the next six months to the next ATH there would be additional pullbacks and we would ATH in mid-to-late November at just under 100k.
Just something to consider and not at all scientific. Though the activity does look very similar and would interact with the current resistance levels that I had previously drawn out.
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.