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The_Father_of_Crypto
Dec 13, 2020 2:05 AM

BTC 1M vs AMAZON 2W fractal Long

Amazon.com, Inc.NASDAQ

Description

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.

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The_Father_of_Crypto
Worked well. Now relooking at it, makes me want to invest in Amazon for that bullish pennant it printed!
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