Full-fledged correction started, without indicators, you can see that the price is too stretched upward. Of course, HODLers and moon fans look only upwards, nevertheless, the probability of correction should not be excluded, especially when many have long forgotten about it.
The 3 powerful Monthly Green candles are similar in structure to the May 2019 momentum from the Accumulation Zone (December 2018-April 2019).
The entire May momentum then was balanced almost 100% down. The 2020 momentum could also balance down to at least $16000 (maybe $12000).
Push like if you think this is a useful idea!
Before to trade my ideas make your own analysis.
Write your comments and questions here!
Thanks for your support!
The 3 powerful Monthly Green candles are similar in structure to the May 2019 momentum from the Accumulation Zone (December 2018-April 2019).
The entire May momentum then was balanced almost 100% down. The 2020 momentum could also balance down to at least $16000 (maybe $12000).
Push like if you think this is a useful idea!
Before to trade my ideas make your own analysis.
Write your comments and questions here!
Thanks for your support!
Note
go downbear market only
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Get access to the private club with VIP signals
👉 bit.ly/vipsignals_bikotrading
🔷Telegram 👉 t.me/+ICrmLIneDmRiYjIy
🔷YouTube 👉 bit.ly/YouTube__Lessons
👉 bit.ly/vipsignals_bikotrading
🔷Telegram 👉 t.me/+ICrmLIneDmRiYjIy
🔷YouTube 👉 bit.ly/YouTube__Lessons
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.