BTC.D - 1D - 2017 comparison - A speculative analysis!
NOT A FINANCIAL ADVISOR!
As we saw from the previous linked idea, the BTC.D reacted to the support as expected.
Since that idea, a RSI breakout occured, therefore I am expecting a further move up for the near future until RSI tops.
In this idea, I want to compare with 2017 by using bar patterns and therefore this is a bit speculative.
The RSI Breakout agrees with the bar pattern extracted from 2017.
If this 2017 pattern "rimes" with 2021, you can expect a retest of the most recent high (from some days ago) (remember a High on BTC.D might mean a dump on BTCUSD).
And again if this 2017 pattern continues to "rime", after that high expect a huge dump below BTC.D all time lows! => huge Alt Season!!
Take this information with a grain of salt!
=> Am I taking any action based on this information?
=> NO! :) Still I found it interesting/speculative enough to share it!
Good luck!
As we saw from the previous linked idea, the BTC.D reacted to the support as expected.
Since that idea, a RSI breakout occured, therefore I am expecting a further move up for the near future until RSI tops.
In this idea, I want to compare with 2017 by using bar patterns and therefore this is a bit speculative.
The RSI Breakout agrees with the bar pattern extracted from 2017.
If this 2017 pattern "rimes" with 2021, you can expect a retest of the most recent high (from some days ago) (remember a High on BTC.D might mean a dump on BTCUSD).
And again if this 2017 pattern continues to "rime", after that high expect a huge dump below BTC.D all time lows! => huge Alt Season!!
Take this information with a grain of salt!
=> Am I taking any action based on this information?
=> NO! :) Still I found it interesting/speculative enough to share it!
Good luck!
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.