Super simple chart.
I expected a far stronger dump by now. Due to that not occurring, I have started entertaining the possibility that we might not have a strong selloff. This would fall along my thinking that stronger hands are now in control of the market.
Above I have indicated the similarities between our current price action and that of 2017. Volume is lower, but no longer on track to becoming completely abysmal. I have re-entered 50% of my cryptocurrency positions, hammering the ETH/USD ratio especially due to the drop vs BTC.
I expected a far stronger dump by now. Due to that not occurring, I have started entertaining the possibility that we might not have a strong selloff. This would fall along my thinking that stronger hands are now in control of the market.
Above I have indicated the similarities between our current price action and that of 2017. Volume is lower, but no longer on track to becoming completely abysmal. I have re-entered 50% of my cryptocurrency positions, hammering the ETH/USD ratio especially due to the drop vs BTC.
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.