Minor Top signals triggered.
Some similarity of this parabolic bull run with the 2013-2014 parabolic climb. A significant correction back to the thick-lime 200 SMA line is plausible (followed by months of consolidation) -- which will be a lot healthier than a continued parabolic pump w/o a sufficient consolidation.
Daily Ichicloud still appearing bullish:
Bearish head-and-shoulder formation apparent on the 3 hrly (sign of momentum decelerating after having reaching a peak, but unable to sustain), with Ichicloud at risk of flipping bearish:
Measured H&S bearish target:
However, signs of bullish consolidation patterns are present in the shorter term:
A substantial pump back towards 4kUSD again would invalidate the H&S bearish view.
Some similarity of this parabolic bull run with the 2013-2014 parabolic climb. A significant correction back to the thick-lime 200 SMA line is plausible (followed by months of consolidation) -- which will be a lot healthier than a continued parabolic pump w/o a sufficient consolidation.
Daily Ichicloud still appearing bullish:
Bearish head-and-shoulder formation apparent on the 3 hrly (sign of momentum decelerating after having reaching a peak, but unable to sustain), with Ichicloud at risk of flipping bearish:
Measured H&S bearish target:
However, signs of bullish consolidation patterns are present in the shorter term:
A substantial pump back towards 4kUSD again would invalidate the H&S bearish view.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.