Historical ATH -% possibilities?
Currently from the ATH(All Time High of 19,891) we have touched the drop of 78% with a 340 day(vertical bars in red) bearish market. The yellow lines are support levels of 2,975/1,965/910 +/- areas. These levels would give a -85%/-91%/-95% +/- drop from current the ATH, which has happened previously from other ATHs in the past. In addition, the longest bearish market we have had was 411 days(widest set of vertical bars in red). This is NOT an indication that these drops will happen, but rather the possibility that it could.
Examples:
NOV 30 2013 - JAN 14 2015 -85% 411 day bear market
JUN 9 2011 - NOV 17 2011 -94% 162 day bear market
I still feel I am new and learning, feel free to leave your thoughts, lets all grow and profit together!
Thanks for viewing.
Examples:
NOV 30 2013 - JAN 14 2015 -85% 411 day bear market
JUN 9 2011 - NOV 17 2011 -94% 162 day bear market
I still feel I am new and learning, feel free to leave your thoughts, lets all grow and profit together!
Thanks for viewing.
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