TradingView
flxtcha
May 7, 2022 12:42 PM

Update to Primary Trend  Short

Bitcoin / U.S. dollarBitstamp

Description

*An idea based on DOW theory, not financial advice*
*Update*

We now sit almost 6 months into a downward trend.
In the next three months, confirmation of a new primary trend has become increasingly more likely.

Any rallies upwards should be taken with caution, as they're likely to be short term, meaning a matter of days
or weeks.

Comment

Fits nicely
More