If the previous movement through the Macro Upward trend represented by the purple lines is any indicator of future movement, we should range between $10,240 and $12,860.
However, as we move up, we are being pushed out of this macro range as we approach the larger macro range a bit faster than is healthy. As euphoria escalates in tandem with greedy longs, strong hands made via hard work and accumulation decrease, hedging to reduce risk and exposure. A break out of the purple channel, that 30% correction everyone seems to be waiting for, looks to be answered from a hard reject around ~$13.1, sending us down to ~$9.3.
However, as we move up, we are being pushed out of this macro range as we approach the larger macro range a bit faster than is healthy. As euphoria escalates in tandem with greedy longs, strong hands made via hard work and accumulation decrease, hedging to reduce risk and exposure. A break out of the purple channel, that 30% correction everyone seems to be waiting for, looks to be answered from a hard reject around ~$13.1, sending us down to ~$9.3.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.