This isn't good for the bears. This indicator is playing out a fractal along with the price action that can't be ignored.
Look at my chart about the 1- and 2-year MA fractal playing out right now.
I'm sorry, but as an analyst I'm going to have to give a 9 year trend line more credence than a three month old one. Until it's broken, I'm BULLISH long term, even if it looks like it **might** break the trend, I have to give that less of a chance. Imagine something occurring every second of every day for 10 YEARS. It's probably just best to assume it's going to happen tomorrow until it doesn't.
I believe that the bottom is in.
Don't lock horns with the bull.
Look at my chart about the 1- and 2-year MA fractal playing out right now.
I'm sorry, but as an analyst I'm going to have to give a 9 year trend line more credence than a three month old one. Until it's broken, I'm BULLISH long term, even if it looks like it **might** break the trend, I have to give that less of a chance. Imagine something occurring every second of every day for 10 YEARS. It's probably just best to assume it's going to happen tomorrow until it doesn't.
I believe that the bottom is in.
Don't lock horns with the bull.
Uwaga
COVID caused a new bottom shortly after this chart was made. It's now almost a year later and we're past the halving and have gotten our cluster of Hash Ribbon BUY signals, the last of which just fired. It's GO time.
Powiązane publikacje
Wyłączenie odpowiedzialności
Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.
Powiązane publikacje
Wyłączenie odpowiedzialności
Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.