Seems like there's a solid pattern here. I traced it on 12/08 right in the beginning of the second dip of ~20%. So far, it has played out perfectly. Let's see if it holds up.
Yorum
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If we cross down the 15600 support line, next stop would likely be at 13200. If the first suppor line holds, we could be seeing 20000 by Christmas.
Yorum
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We just broke resistance at 15750. Should see a steep climb now to new ATHs.
I had a feeling a weekly pattern emerged but I haven't tried drawing charts yet! And last time the market dipped around 20 percent, like you noted, we jumped to around 17
Pip_Artist
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Interesting. Thank you.
Anarcho-Capitalist
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We broke the first support line at 15600. Next support at 13200 seems solid. If we cross resistance at 16000 we could break a new ATH soon.
Anarcho-Capitalist
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We broke the first support line at 15600. Next support at 13200 seems solid. If we cross resistance at 16000 we could break a new ATH soon.