price has respected channels very well this run as it did in 2017 and 18
Break and retest of W, just need this daily candle to close on trend line and next show confirmation for a short term 30-50% move and even 150% long term target if a few weeks possibly.
This is 2021. Hyper inflation. Were talking 4 trillion added to assets over 35 years from 1985 to 2015. From 2015 to 2020 over 8 trillion added. And now. Just in the last few months weve added 3.5 trillion to the M2 Money Stock. Unbelievable is the only word to describe this if you know what it means. With this and the federal bank requirement of needing to hold...
this is stock to flow showing major pivot points in its market structure. S2F works wonders at showing bottom levels, top levels and major pivot points. as you can see we have a beautiful market structure forming at 42k level which is why we got rejected so hard. I expect a nice correction here and a big bottom wick down on the weekly so be prepared to buy the...
Definitely need a correction before pushing towards 80 levels.
I am not a financial advisor.
Will the fakeout happen or will TA show its power
trade smart. its all about momentum.