RavenstijN

RavenstijN

3M is a company with a very significant history. Its price has been following an upward channel since at least 1962. Let’s divide the timeline of this stock’s price into 20-year periods and look at the corrections above 40% the price has faced in the past. 1962-1984: It seems that 3M is sensitive to rising interest rates. In these 20 years, the price...

RavenstijN

This is Part II, the continuation of the initial analysis on BTC dominance. In the previous cycle, BTC dominance peaked at the first retracement derivation of the upward movement after the bottom, following the blow-off top in December 2017. Evaluating the target of the downward movement after the peak, we can see that the price reaches the second derivation of...