extended the low range forcast to March 2023 with a potential rally for the bottom first week of January
traders have been dollar cost averaging and you can plainly see it on the charts. Forcast is bearish with
momentum diverging for a lower low. Dollar cost averaging in my opinion only works if your taking short
term profits. The risk in todays market is extremely high in my opinion. I am not going to speculate any further.
This chart only shows a visual representation of what we believe is coming.
traders have been dollar cost averaging and you can plainly see it on the charts. Forcast is bearish with
momentum diverging for a lower low. Dollar cost averaging in my opinion only works if your taking short
term profits. The risk in todays market is extremely high in my opinion. I am not going to speculate any further.
This chart only shows a visual representation of what we believe is coming.
Note
will update info on this chart every 7 daysNote
there was nothing to really updatebulltrap and crash simple explanation
Note
you have to love that momentum shift regardless of market price.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.