Went back and did a little work as this is déjà vu for me from 2018 and I was really surprised to notice the dates as well as the indicators almost perfect uncanny really have a look on the chat and scroll between the two date timelines which will be in the yellow boxes better view on the daily, you’ll notice the similarities between the peaks in the indicators Connors RSI the MACD and the moving average ribbon Which I have set up with the following 20sma 10 week ema (The ten-week ema is a great volatility trigger I have found it also reveals big moves about to happen and trend change) 50sma 100 an 200 Sma’s
Learning charts patterns and indicators are the easiest of all controlling emotion will be the hardest task of them all
We are in a much different era. Goldman, Paypal, Sq, and others would not have looked at this 2-4 yrs ago let alone 10-12 yrs ago.
This could consolidate 30-40k much longer that we think.
trstenjak
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@greenpasture936, agree! nothing is same now... and new regulations coming... but i think pullback to 36k would be nice heheh
GeTsMaRtNo99
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@trstenjak, 34k range more likely target but 36 is first, 2 days left on weekly chart
GeTsMaRtNo99
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@greenpasture936, the same argument was going in 2018, plus fake news, form insiders, there will be more to come but some things have change, more volume, more liquidity,