Candle 1 : just before breakout, when we re-reach ATH.
Candle 2 : BREAKOUT.
Then, Pullback. Was a 25% pull in Amazon's case.
If we go 22.6-23k (fibs and bull flag pole telling that), we would pullback to 17k after.
Fundamentaly, its amazing how much BTC and Amazon have the same vibe, the same mission : disrupting a major business model.
And they are LEADERS in their field.
And its really what we should lean to : wich stock/crypto will disrupt its industry panel.
Tesla - cars
AirBNB - hotels
Uber - taxi
And so on.
Candle 2 : BREAKOUT.
Then, Pullback. Was a 25% pull in Amazon's case.
If we go 22.6-23k (fibs and bull flag pole telling that), we would pullback to 17k after.
Fundamentaly, its amazing how much BTC and Amazon have the same vibe, the same mission : disrupting a major business model.
And they are LEADERS in their field.
And its really what we should lean to : wich stock/crypto will disrupt its industry panel.
Tesla - cars
AirBNB - hotels
Uber - taxi
And so on.
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