💾 DJI Bullish But Why? & Bitcoin
Notice how the August 2022 peak is followed by a strong correction, instantly.
The November and December 2022 peak is followed by sideways consolidation.
That's why I consider this chart to be bullish.
I make the same argument for Bitcoin.
In the past, each time a peak is hit we have a strong correction immediately after.
In the present, as each new peak is hit, we get sideways consolidation.
That's a bullish signal.
Thank you for reading.
Namaste.
The November and December 2022 peak is followed by sideways consolidation.
That's why I consider this chart to be bullish.
I make the same argument for Bitcoin.
In the past, each time a peak is hit we have a strong correction immediately after.
In the present, as each new peak is hit, we get sideways consolidation.
That's a bullish signal.
Thank you for reading.
Namaste.
🔥 PREMIUM Trade-Numbers (6-In-1 Offer Live!)
lamatrades.com (Since 2017)
🔝 Daily Cryptocurrency Technical Analysis
followalan.com
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
lamatrades.com (Since 2017)
🔝 Daily Cryptocurrency Technical Analysis
followalan.com
🚨 Free PREMIUM Trade-Numbers
alansantanatrades.com
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.