BitcoinShort
Just a fun similarity that would be hilarious is played out
What is happening right now has such a similar structure to (1); the previous 2020/2021 runup. Now look at the same smaller structure completing in 2?
It is honestly just an observation that could be quite funny if it continues to follow as it previously did, which would mean we are meant to go down.
If it did happen, it would be scarily obvious that something/someone is using the same market tactics as they did previously, leading to an unfortunate yet manipulated market.
But hey, thats the wild west of crypto.
This is by no means a viable trading call, but more to keep a record of a cute observation that could prove to be less cute quite soon...
So I would throw a $10 short at this, thats it haha.
HAVE FUN! (:
PS:: Also, still nowhere near the same volume as the previous runup in (1) ;)
It is honestly just an observation that could be quite funny if it continues to follow as it previously did, which would mean we are meant to go down.
If it did happen, it would be scarily obvious that something/someone is using the same market tactics as they did previously, leading to an unfortunate yet manipulated market.
But hey, thats the wild west of crypto.
This is by no means a viable trading call, but more to keep a record of a cute observation that could prove to be less cute quite soon...
So I would throw a $10 short at this, thats it haha.
HAVE FUN! (:
PS:: Also, still nowhere near the same volume as the previous runup in (1) ;)
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.