Following a very similar pattern from a few years ago, it resonates with me very clearly that this is a sucker's rally.
Either I'm right or wrong, it's a technical bet; with 0 fundamentals taken into account. Macroeconomic health is not looking too good still and we need to look deeper to be sure about the market we're taking long at.
If everything falls into place, we should see a net 3x value from current bottom, probably 40-60k. Closest bet to close would be there.
Either I'm right or wrong, it's a technical bet; with 0 fundamentals taken into account. Macroeconomic health is not looking too good still and we need to look deeper to be sure about the market we're taking long at.
If everything falls into place, we should see a net 3x value from current bottom, probably 40-60k. Closest bet to close would be there.
Note
Still on the way.Trade closed: target reached
Pretty amazing!
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Related publications
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.