We've seen something exactly like this during the 2017-2018 bear market. Let's see if history repeats!
Comment
⋅
Not quite following my line exactly (a bit more bullish than I expected), but my idea is looking very promising at the moment. We will see how it plays out!
Comment
⋅
Looks like we're exiting the wedge to the upside now. That's a good sign! Let's see if we move sideways (and up a little) for 1 - 2 more months. Then we should see a good move upwards.
Comment
⋅
I'm still a fan of my theory here. Looks like a retest of the wedge after breaking to the upside. My lines may be slightly off or need extending.
Comment
⋅
Pretty happy so far, hope you all were accumulating hard these past few months. We may be ready for a decent run!
Can u show the chart of 2017-2018 where it's similar
MarkNetley
⋅
@slogdog354, If similar, we should expect to stay around here for a few months (but not go much lower). Then when we get running, expect a run up to ~70k before a pull back to say 35k.
MarkNetley
⋅
@slogdog354, Sorry I tried to reply but my link was deleted? Must be something about pro membership. Just check my profile I have the idea from 2018 there :)