Here we can see that things may look a little bit different this time around, but that nothing is necessarily out of place. We still have 2x7/30 weekly MA crosses and 3-4x10/21 weekly MA crosses in between bubbles, meaning another one isn't out of the question at all. In fact, it simply bolsters the idea that this may be a normal extension of the process now that we can see it play out on a larger time scale. I added fib channels to show possible take-off points if this does occur.
Suffice it to say, we can't always judge the current price action by what has happened in the past without looking at the big picture. By the time we can tell what's different on a large scale, the big moves have usually already happened.
Long story short, be ready.
Contributions welcome:
1GKhY5XNamFN77Lnr9pcDmx9AKyhvZT9jN
Suffice it to say, we can't always judge the current price action by what has happened in the past without looking at the big picture. By the time we can tell what's different on a large scale, the big moves have usually already happened.
Long story short, be ready.
Contributions welcome:
1GKhY5XNamFN77Lnr9pcDmx9AKyhvZT9jN
