Macro outlook
Just brainstorming, you could say that the run is almost over, but looking at: The Indicators, Altcoins, Time cycles, and the outlook of indexes like the S&P500
Suggest to me that there is more going on. Therefore this scenario would be the most likely for me.
Keep in mind that the diagonal is way to soon to assume and can shape up in a different way. But this could give you a rough idea of what my thoughts are at the moment.
Just brainstorming, you could say that the run is almost over, but looking at: The Indicators, Altcoins, Time cycles, and the outlook of indexes like the S&P500
Suggest to me that there is more going on. Therefore this scenario would be the most likely for me.
Keep in mind that the diagonal is way to soon to assume and can shape up in a different way. But this could give you a rough idea of what my thoughts are at the moment.
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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.