Short burst upwards
Atualizado
Lines:
Yellow = ATH per halving
Red = Top of the second wave after ATH
Blue = First bottom after ATH
We are currently in the descending triangle (purple) but we do appear to peak above the previous ATH at the moment.
I don't think the bulls are back and it's time to ride this rollercoaster to 100k.
If we stay above the previous ATH, I think it's much more plausible that we will get to the top of the triangle (20k~) before we drop down to 12k-13k.
Yellow = ATH per halving
Red = Top of the second wave after ATH
Blue = First bottom after ATH
We are currently in the descending triangle (purple) but we do appear to peak above the previous ATH at the moment.
I don't think the bulls are back and it's time to ride this rollercoaster to 100k.
If we stay above the previous ATH, I think it's much more plausible that we will get to the top of the triangle (20k~) before we drop down to 12k-13k.
Nota
20k hit, still got a little room to the top of the triangle but I doubt we will get there now. To much crap happening in the world. This feels forced.I'm also eyeing the top blue line as a target (29k) for this run up but it's probably more hope than anything else.
I'm not saying we wont, we passed the 137 and 200 MA on the Daily and that's a great sign.
Interested to read your thoughts. How are you trading right now?
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