I have used a line graph to make it easier to see, though it does take some details out. With candles, the % given are seen to be accurate.
https://www.tradingview.com/x/ZXBvi3CF/
So. From the point where I considered PA to start its move in Sep 2020 ( 1 ) , we saw an initial 84.6% move higher before PA took time out and Ranged, to cool off.
Similarly, the start point this time was in Jan 2023 ( 1 ) and we saw a 95.4% rise before PA took time out and cooled off.
https://www.tradingview.com/x/gWJR0ICE/
In Dec 2020 ( 2 ) , then took us up another 124% before we saw a more severe pull back ( 3 ) of -28.6%
This time round, we saw a Rise of 131% ( 2 ) before the current pull back of -33% ( 3 )
We now sit at the point where we maybe about to start the 4 leg up.
In 2021, The next rise ( 4 ) took us up 119.4%, to the next ATH in March 2021
If we were to do this again in 2024 / 2025, a simialar rise takes up to that magical 100K zone.
This time round, the whole process has taken a Lot longer, more controlled and calmer and, maybe, less likely to fall like a stone afterwards.
Amazing similarities in Price rises %.
Nothing to be taken as Financial advice.
I will always say
"Only invest what you can afford to loose. When you are ready, take out your original investment. This way, it is only your profit that is at risk"
THAT is Financial advice
I will always say
"Only invest what you can afford to loose. When you are ready, take out your original investment. This way, it is only your profit that is at risk"
THAT is Financial advice
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。
Nothing to be taken as Financial advice.
I will always say
"Only invest what you can afford to loose. When you are ready, take out your original investment. This way, it is only your profit that is at risk"
THAT is Financial advice
I will always say
"Only invest what you can afford to loose. When you are ready, take out your original investment. This way, it is only your profit that is at risk"
THAT is Financial advice
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。