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Down ~93% from Aths
~95% was the ath-
Up5x from last cycle and its a 12x if aths are revisited from here
Broken out of long term falling wedge structure..
You can't see it on this time-frame but the obv has been in a slow uptrend since the initial ath sell-off..
And the macd started curling up on the weekly..
If there isn't another massive catalyst sell off event then the oversold market should hold this range and start to build a platform for a htf slight mean reversion event
Down ~93% from Aths
~95% was the ath-
Up5x from last cycle and its a 12x if aths are revisited from here
Broken out of long term falling wedge structure..
You can't see it on this time-frame but the obv has been in a slow uptrend since the initial ath sell-off..
And the macd started curling up on the weekly..
If there isn't another massive catalyst sell off event then the oversold market should hold this range and start to build a platform for a htf slight mean reversion event
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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.