The title says enough. We might be in a similar type of rally like we had in 2017, which means that you won't be getting any chances to buy lower after corrections. 12 Jan 2023 is when BTC began pumping, just like in 2017, I have used the bars pattern from that period, that pump lasted until a blow off top in Dec.
due to the petrol falll coming up and politics a war might even be coming bombardier will build trucks for it. its a possibility. technical analisis is due for tight sl on it
A few months back, I wrote a guide for identifying blow off tops in the S&P. I've linked that idea below. We are currently witnessing all the signs that a blow off is in progress.
I am 100 %net long and margin in 15 % calls
This obviously isn't a technical analysis, but an example of what a blow-off would look like if it is indeed what we are going to experience (and i strongly believe we are). We know that bitcoin is a speculative bubble, we know what a speculative bubble blow-off look like, we know that a bubble that takes 10 years to appear can blow-off in just a few...
TimeNewBank token had a massive correction down after reaching an all-time high at 2255 satoshis. Price declined by 86% and found the support only at 300 satoshis area. This is the 261.8% Fibonacci retracement level, applied to the corrective wave after the uptrend trendline breakout. The support is being rejected, and during the period of two months price failed...
We all believe in cryptocurrencies and the technologies behind. But only a blind couldn't see that's it is a speculative bubble. The scheme is typical, very clear and acurate. Although we knew several strong corrections in the past, this one could be different. Indeed, the past corrections were BEFORE mass public investment. It means that the market could be...
Bitcoin: BTCUSD So far only Corrective/Continuation Running on Empty Bitcoin has at least rallied from the double bottom fake-out low this morning in London but the rally has been feeble so far. Since the low it's formed another little parallel with a bearish upslope, though it does at least have a few pin bars forming off the lower parallel, showing some...