I believe that this cycle we could experience a double peak similar to 2013/14. Looking at the first runup in 2013, compared to the second, they match very closely. Comparing that to the recent runup, I think this could occur again.
Beforehand we will likely be experiencing a few months of sideways action.
Perhaps I am too naive and optimistic.
Let me know if you think I'm an idiot in the comments. I am still new to charting and would like some feedback.
Beforehand we will likely be experiencing a few months of sideways action.
Perhaps I am too naive and optimistic.
Let me know if you think I'm an idiot in the comments. I am still new to charting and would like some feedback.
Note
Update 2/8/21, seems like we're on track...
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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.