Since May 2018, Link has followed this rising channel with cycles of 14 to 16 months.
Each cycle, there has been at least 1 retest of the previous high.
Each cycle, there have been 2 retests of the previous breakout level.
Each cycle ended in a retest of the support trendline, resulting in the next bull run.
I'll be keeping an eye out for a shorting opportunity if Link reaches the 20-dollar range.
I hope you like what you see.
EJ - Just for fun
Each cycle, there has been at least 1 retest of the previous high.
Each cycle, there have been 2 retests of the previous breakout level.
Each cycle ended in a retest of the support trendline, resulting in the next bull run.
I'll be keeping an eye out for a shorting opportunity if Link reaches the 20-dollar range.
I hope you like what you see.
EJ - Just for fun
Nota
However, I have no reason to believe a strong downside move of I only see this play out in correlation to high volume price action of BTCUSD.
In case of a strong correction or strong pump of BTC, alts will bleed, and when they do, they will bleed hard...
EJ - Just for fun
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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.