BTC and Nasdaq price chart analysis on the 3Day time frame (wicks removed).
A simple pattern comparison between Nasdaq 2008-2010 and BTC 2021-current, shows a peculiar similarity between the two patterns.
BTC appears to be a double top correction going into Wyckoff accumulation.
IMPORTANT
If the 3day 13 SMA crosses the 48 SMA up and both SMAs turn up, I will back up the truck, could take a while though.
I could also add other indicators such as custom buy sell signals and or MACD , Stochastic , RSI , to assist my decisions but this is a simple comparason.
None of this should be interpreted as financial advice, I am not a professional or certified financial adviser! all charts, and or analysis' are my personal opinions and observations only!
A simple pattern comparison between Nasdaq 2008-2010 and BTC 2021-current, shows a peculiar similarity between the two patterns.
BTC appears to be a double top correction going into Wyckoff accumulation.
IMPORTANT
If the 3day 13 SMA crosses the 48 SMA up and both SMAs turn up, I will back up the truck, could take a while though.
I could also add other indicators such as custom buy sell signals and or MACD , Stochastic , RSI , to assist my decisions but this is a simple comparason.
None of this should be interpreted as financial advice, I am not a professional or certified financial adviser! all charts, and or analysis' are my personal opinions and observations only!
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.