Is December 2017 happening again?
Updated
Disclaimer: This is my first chart. I am just posting what I am thinking about being in the crypto market since middle 2017.
To me, it appears as if that weekly candle is looking a whole lot like the one from the week of 17 December 2017. But I am also wondering if it may be the one also indicated. Currently, I am leaning towards the top is in for this cycle and have a bearish feeling. But waiting for confirmation of the weekly close. The weeks after the close might also be telling if this story plays out similarly to the 2017 pattern.
What are your thoughts?
To me, it appears as if that weekly candle is looking a whole lot like the one from the week of 17 December 2017. But I am also wondering if it may be the one also indicated. Currently, I am leaning towards the top is in for this cycle and have a bearish feeling. But waiting for confirmation of the weekly close. The weeks after the close might also be telling if this story plays out similarly to the 2017 pattern.
What are your thoughts?
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